Rights Offering Record Date definition
Examples of Rights Offering Record Date in a sentence
In the Rights Offering, the Company will distribute, on a pro rata basis and at no charge, Rights to each holder of record of Common Stock as of the Rights Offering Record Date.
Prior to or on the Distribution Date, ▇▇▇▇▇*s shall enter into an agreement with the Rights Agent providing for, among other things, the delivery to the holders of ▇▇▇▇▇*s Common Stock as of the Rights Offering Record Date of certificates evidencing the Rights distributed in the Rights Offering.
From and after the date hereof, the parties shall file such additional applications and take all such other actions as reasonably may be required so that the Rights are admitted for quotation on the Nasdaq National Market on or prior to the Rights Offering Record Date.
The Rights Offering shall commence on the day upon which the Rights Exercise Form is first mailed or made available to Eligible Offerees, which is expected to be within five (5) Business Days after receipt of the Rights Offering Approval and on or around the Rights Offering Record Date.
The capital stock of the Company will, as of the Rights Offering Record Date, conform in all material respects to the description thereof contained in the Registration Statement and the Prospectus, and the certificates for the shares of Common Stock are in due and proper form and the holders of such shares will not be subject to personal liability by reason of being such holders.