Shares outstanding

Lightspeed Announces Automatic Conversion of All Outstanding Multiple Voting Shares

Retrieved on: 
Tuesday, December 1, 2020
Corporate finance, Financial markets, Finance, Financial economics, Stock market, Equity securities, Corporate law, Mergers and acquisitions, Issued shares, Common stock, Shares outstanding, Voting interest

MONTREAL, Dec. 1, 2020 /PRNewswire/ -Lightspeed POS Inc. ("Lightspeed" or the "Company") (NYSE: LSPD)(TSX:LSPD) today announced that as a result of the issuance by the Company from treasury of subordinate voting shares in the capital of Lightspeed ("Subordinate Voting Shares") as partial consideration for the acquisition of Upserve, Inc. ("Upserve") announced by Lightspeed today, all of the outstanding multiple voting shares in the capital of Lightspeed ("Multiple Voting Shares") have been automatically converted into Subordinate Voting Shares, on a one-for-one basis as a result of the automatic conversion ownership threshold attached to the Multiple Voting Shares having been crossed, all in accordance with their terms.

Key Points: 
  • MONTREAL, Dec. 1, 2020 /PRNewswire/ -Lightspeed POS Inc. ("Lightspeed" or the "Company") (NYSE: LSPD)(TSX:LSPD) today announced that as a result of the issuance by the Company from treasury of subordinate voting shares in the capital of Lightspeed ("Subordinate Voting Shares") as partial consideration for the acquisition of Upserve, Inc. ("Upserve") announced by Lightspeed today, all of the outstanding multiple voting shares in the capital of Lightspeed ("Multiple Voting Shares") have been automatically converted into Subordinate Voting Shares, on a one-for-one basis as a result of the automatic conversion ownership threshold attached to the Multiple Voting Shares having been crossed, all in accordance with their terms.
  • As a result of the automatic conversion, Lightspeed now has one class of shares issued and outstanding, namely the Subordinate Voting Shares.
  • Immediately prior to giving effect to the issuance of 5,895,365 Subordinate Voting Shares in connection with the Upserve acquisition and the resulting automatic conversion of the Multiple Voting Shares to Subordinate Voting Shares, Mr. Dasilva owned or controlled, directly or indirectly, no Subordinate Voting Shares and 14,429,466 Multiple Voting Shares (representing approximately 12.88% of all of the Company's issued and outstanding shares and approximately 37.16% of the voting power attached to all of the Company's issued and outstanding shares).
  • Immediately after giving effect to the issuance of Subordinate Voting Shares in connection with the Upserve acquisition and the resulting automatic conversion of the Multiple Voting Shares, Mr. Dasilva owns or controls, directly or indirectly, 14,429,466 Subordinate Voting Shares and no Multiple Voting Shares (representing approximately 12.24% of all of the Company's issued and outstanding shares and approximately 12.24% of the voting power attached to all of the Company's issued and outstanding shares).

Tesoro Enterprises, Inc. CEO to Lock Up Over $10 Million Worth of Stock Purchased Directly Out of the Market

Retrieved on: 
Tuesday, November 17, 2020
Stock market, Finance, Financial economics, Corporate finance, Money, Equity securities, Fundamental analysis, Shares outstanding, Share

Upon completion of the conversion, Tesoros issued and outstanding number of common shares will have been reduced by over 860 million shares since Mr. Foote became President of Tesoro.

Key Points: 
  • Upon completion of the conversion, Tesoros issued and outstanding number of common shares will have been reduced by over 860 million shares since Mr. Foote became President of Tesoro.
  • The company does not anticipate that the number of common shares outstanding will increase during the remainder of 2020 and throughout 2021.
  • The mission of HUMBL and HUMBL Hubs is to deliver high quality, low cost digital payments and financial services.
  • The HUMBL corporate website features global brand videos, product tours, market research, white papers and network architecture at www.HUMBLpay.com .

Ondas Holdings Inc. Announces Reverse Stock Split of Common Stock

Retrieved on: 
Friday, November 13, 2020
Technology, Networks, Data management, Financial markets, Stock market, Financial economics, Finance, Corporate finance, Equity securities, Reverse stock split, Stock split, Stock, Common stock, Shares outstanding, Share

Any fractional shares that would result from the reverse stock split will be rounded up to the nearest whole share.

Key Points: 
  • Any fractional shares that would result from the reverse stock split will be rounded up to the nearest whole share.
  • Following the reverse stock split, the Company will have 116,666,667 shares of Common Stock authorized and approximately 19,796,029 shares of Common Stock outstanding.
  • Following the effectiveness of the reverse stock split, each stock certificate and book-entry or other electronic position representing issued and outstanding shares of the Company's common stock will be automatically adjusted.
  • Those shareholders holding common stock in "street name" will receive instructions from their brokers if they need to take any action in connection with the reverse stock split.

TEN Ltd. Declares Dividend on its Series D and Series E Cumulative Perpetual Preferred Shares

Retrieved on: 
Tuesday, November 10, 2020
Financial markets, Finance, Money, Corporate finance, Stock market, Equity securities, Dividends, Shareholders, Preferred stock, New York Stock Exchange, Shares outstanding, Dividend yield

ATHENS, Greece, Nov. 10, 2020 (GLOBE NEWSWIRE) -- TEN Ltd. (TEN) (NYSE: TNP) (the Company), a leading diversified crude, product and LNG tanker operator, today announced that its Board of Directors declared the regular quarterly cash dividend of $0.546875 per share for its Series D Cumulative Perpetual Preferred Shares (the Series D Preferred Shares; NYSE; TNPPRD) and the regular quarterly cash dividend of $0.578125 per share for its Series E Cumulative Perpetual Preferred Shares (the Series E Preferred Shares; NYSE; TNPPRE).

Key Points: 
  • ATHENS, Greece, Nov. 10, 2020 (GLOBE NEWSWIRE) -- TEN Ltd. (TEN) (NYSE: TNP) (the Company), a leading diversified crude, product and LNG tanker operator, today announced that its Board of Directors declared the regular quarterly cash dividend of $0.546875 per share for its Series D Cumulative Perpetual Preferred Shares (the Series D Preferred Shares; NYSE; TNPPRD) and the regular quarterly cash dividend of $0.578125 per share for its Series E Cumulative Perpetual Preferred Shares (the Series E Preferred Shares; NYSE; TNPPRE).
  • The dividend on the Series D and Series E is for the period from the most recent dividend payment date on August 28, 2020 through November 27, 2020.
  • The dividend on the Series D and E Preferred Shares will be paid on November 30, 2020 to all holders of record of Series D and E Preferred Shares as of November 24, 2020.
  • TEN has 3,424,803 Series D and 4,600,000 Series E Preferred Shares outstanding as of the date of this press release.

Ocuphire Pharma Completes Transactions and Begins Trading on Nasdaq as OCUP

Retrieved on: 
Friday, November 6, 2020
Financial markets, Corporate finance, Finance, Financial economics, Stock market, Equity securities, Stock, Warrant, Shares outstanding, Ticker symbol, Common stock

The combined company will operate under the name Ocuphire Pharma.

Key Points: 
  • The combined company will operate under the name Ocuphire Pharma.
  • Its shares will commence trading on the Nasdaq Capital Market and will reflecta 1-for-4 reverse stock splitat the open of trading onNovember 6, 2020, under the ticker symbol "OCUP".
  • Pursuant to this transaction, Ocuphire issued to the Investors shares of Ocuphire common stock immediately prior to the merger and agreed to issue to the Investors warrants to purchase shares of common stock.
  • At closing as a result of the transactions, Ocuphire stockholders including the Investors, own approximately 86.6% of the fully-diluted shares outstanding, with Rexahn stockholders owning approximately 13.4% of the fully-diluted shares outstanding.

Bradshaw Acquires 7,750,037 Common Shares of FPX Nickel Corp.

Retrieved on: 
Thursday, October 22, 2020
FPX, Corporate finance, Shares outstanding

Bradshaw (the "Purchaser"), of 4725 Rutland Road, West Vancouver, B.C., V7W 1G6, announces that on October 20, 2020, he acquired 7,750,037 common shares of FPX Nickel Corp. ("FPX"), of Suite 620, 1155 West Pender Street, Vancouver, B.C., V6E 2P4, at a deemed price of $0.55 per common share from FPX pursuant to a debt settlement transaction with FPX.

Key Points: 
  • Bradshaw (the "Purchaser"), of 4725 Rutland Road, West Vancouver, B.C., V7W 1G6, announces that on October 20, 2020, he acquired 7,750,037 common shares of FPX Nickel Corp. ("FPX"), of Suite 620, 1155 West Pender Street, Vancouver, B.C., V6E 2P4, at a deemed price of $0.55 per common share from FPX pursuant to a debt settlement transaction with FPX.
  • The Purchaser now owns or has control of 30,815,078 shares of FPX, or approximately 17.0% of the current issued and outstanding common shares of FPX, and 17.0% of FPX shares on a fully diluted basis assuming exercise of all of FPXs outstanding share purchase options.
  • The Purchaser has acquired the common shares for investment purposes, and not for purposes of exercising control or direction over FPX.
  • FPX trades on the TSX Venture Exchange under the symbol "FPX".

Asana Announces Update Regarding Conversion of Shares of Class B Common Stock to Shares of Class A Common Stock

Retrieved on: 
Tuesday, September 29, 2020
Finance, Professional services, Technology, Software, Human resources, Financial markets, Corporate finance, Finance, Financial economics, Equity securities, Stock market, Stock, Asana, Option, Shares outstanding, New York Stock Exchange, Common stock

Asana, Inc. (Asana), a leading work management platform for teams, today announced that, as of September 28, 2020, there are 74,059,540 shares of Class A common stock outstanding and 80,550,739 shares of Class B common stock outstanding.

Key Points: 
  • Asana, Inc. (Asana), a leading work management platform for teams, today announced that, as of September 28, 2020, there are 74,059,540 shares of Class A common stock outstanding and 80,550,739 shares of Class B common stock outstanding.
  • Only shares of Class A common stock will be listed for trading on the New York Stock Exchange.
  • Trading of shares of Class A common stock is expected to commence tomorrow, September 30, 2020.
  • Each outstanding share of Class B common stock is convertible, at any time, at the option of the holder, into one share of Class A common stock.

Palantir Announces Update Regarding Outstanding Shares of Common Stock and Shares Permitted to Be Sold Under Lock-Up Agreements

Retrieved on: 
Friday, September 25, 2020
Software, Technology, Data management, Corporate finance, Financial markets, Finance, Financial economics, Stock market, Equity securities, Fundamental analysis, Common stock, Stock, Restricted stock, Shares outstanding

Palantir Technologies Inc. today announced that, as of September 24, 2020, there were 1,050.1 million shares of Palantirs Class A common stock outstanding, 598.7 million shares of Class B common stock outstanding, and 1.0 million shares of Class F common stock outstanding, including shares that are permitted to be sold under Palantirs market standoff or lock-up agreements.

Key Points: 
  • Palantir Technologies Inc. today announced that, as of September 24, 2020, there were 1,050.1 million shares of Palantirs Class A common stock outstanding, 598.7 million shares of Class B common stock outstanding, and 1.0 million shares of Class F common stock outstanding, including shares that are permitted to be sold under Palantirs market standoff or lock-up agreements.
  • Each outstanding share of Class B common stock is convertible, at any time, at the option of the holder, into one share of Class A common stock.
  • Trading of shares of Class A common stock is expected to commence on the New York Stock Exchange next Wednesday, September 30, 2020.
  • These 461.2 million shares consisted of (i) an aggregate of 393.1 million shares of common stock, including shares issuable upon exercise of outstanding stock options, and (ii) an aggregate of 68.1 million shares of common stock issuable upon vesting of restricted stock units in connection with the listing (RSUs).

Asana Announces Update Regarding Conversion of Shares of Class B Common Stock to Shares of Class A Common Stock

Retrieved on: 
Wednesday, September 23, 2020
Finance, Professional services, Technology, Software, Human resources, Financial markets, Corporate finance, Financial economics, Finance, Equity securities, Stock market, Stock, Asana, Common stock, Shares outstanding, Option, Preferred stock

Asana, Inc. (Asana), a leading work management platform for teams, today announced that, as of September 22, 2020, there are 58,513,903 shares of Class A common stock outstanding and 96,068,201 shares of Class B common stock outstanding.

Key Points: 
  • Asana, Inc. (Asana), a leading work management platform for teams, today announced that, as of September 22, 2020, there are 58,513,903 shares of Class A common stock outstanding and 96,068,201 shares of Class B common stock outstanding.
  • Only shares of Class A common stock will be listed for trading on the New York Stock Exchange.
  • Asana will provide another update regarding the conversion of shares of Class B common stock to shares of Class A common stock prior to the expected commencement of trading of Class A common stock on the New York Stock Exchange on September 30, 2020.
  • Each outstanding share of Class B common stock is convertible, at any time, at the option of the holder, into one share of Class A common stock.

ADM Endeavors, Inc.’s (ADMQ) CEO Purchases 17,160,000 Shares of Common Stock out of the Public Float

Retrieved on: 
Wednesday, September 23, 2020
Corporate finance, Financial markets, Financial economics, Finance, Stock market, Equity securities, Fundamental analysis, Stock, Shares outstanding, Public float, Initial public offering, Common stock

Fort Worth, Texas, Sept. 23, 2020 (GLOBE NEWSWIRE) -- via NewMediaWire -- ADM Endeavors, Inc. (OTCQB: ADMQ), today announced that the Companys CEO, Marc Johnson, has privately purchased 17,160,000 common shares out of the Companys public float.

Key Points: 
  • Fort Worth, Texas, Sept. 23, 2020 (GLOBE NEWSWIRE) -- via NewMediaWire -- ADM Endeavors, Inc. (OTCQB: ADMQ), today announced that the Companys CEO, Marc Johnson, has privately purchased 17,160,000 common shares out of the Companys public float.
  • Marc Johnson, CEO of ADM Endeavors, stated: As a continued indication of my belief in our Company, I have purchased an additional 17,160,000 common shares out of the public float.
  • Mr. Johnson now beneficially owns 81,696,833 restricted shares of common stock, out of a total of 160,902,143 shares of common stock issued and outstanding, equating to 50.8% of all issued and outstanding shares of common stock being beneficially owned by the Companys CEO.
  • The Company now has approximately 41,110,000 free trading common shares in the public float.