Stock option expensing

Patagonia Gold Corp. Grants Incentive Stock Options

Retrieved on: 
Thursday, September 26, 2019
Economy, Employee compensation in the United States, Options, Corporate finance, Finance, Money, Taxation in the United States, Incentive stock option, Incentive, Stock, Employee stock option, Stock option expensing

VANCOUVER, British Columbia, Sept. 26, 2019 (GLOBE NEWSWIRE) -- Patagonia Gold Corp. (Patagonia or the Company) (TSXV: PGDC) is pleased to announce that it has granted an aggregate of 2,500,000 incentive stock options under the Companys stock option plan (the Stock Option Plan) to the directors of the Company, 2,000,000 incentive stock options to certain officers of the Company and 3,150,000 incentive stock options to members of senior management of the Company as part of a long term incentive plan (the Option Grant).

Key Points: 
  • VANCOUVER, British Columbia, Sept. 26, 2019 (GLOBE NEWSWIRE) -- Patagonia Gold Corp. (Patagonia or the Company) (TSXV: PGDC) is pleased to announce that it has granted an aggregate of 2,500,000 incentive stock options under the Companys stock option plan (the Stock Option Plan) to the directors of the Company, 2,000,000 incentive stock options to certain officers of the Company and 3,150,000 incentive stock options to members of senior management of the Company as part of a long term incentive plan (the Option Grant).
  • All incentive stock options issued are exercisable for a period of five years at a price of $0.065 and vest one year after the date of grant.
  • The Option Plan allows for the issuance of up to 10% of the issued and outstanding share capital of the Company in the form of incentive stock options.
  • The Option Grant represents all of the incentive stock options that are currently outstanding as all previously granted stock options were cancelled or have now lapsed as a result of the reverse take-over of Hunt Mining Corp. by Patagonia Gold plc.

CROP Announces Warrant Exercise Incentive Program

Retrieved on: 
Wednesday, August 21, 2019
Finance, Money, Options, Economy, Equity securities, Corporate finance, Warrant, Stock market, Security, Stock option expensing, Covered warrant

Pursuant to the Program, the Company is offering an inducement to each holder of Eligible Warrants (collectively, the Warrant Holders) that exercises Eligible Warrants during an early exercise period (theEarly Exercise Period) that includes:

Key Points: 
  • Pursuant to the Program, the Company is offering an inducement to each holder of Eligible Warrants (collectively, the Warrant Holders) that exercises Eligible Warrants during an early exercise period (theEarly Exercise Period) that includes:
    a reduced exercise price of $0.13 per common share (each, a Share); and
    an additional Share purchase warrant (each an Incentive Warrant), with each Incentive Warrant entitling the Warrant Holder to purchase one additional Share until 5:00 p.m. (Vancouver time) on such date as is two years from the date of issuance of the Incentive Warrant at a price of $0.35 per Share.
  • Eligible Warrants that remain unexercised following the completion of the Early Exercise Period will continue to be exercisable for Shares on the original terms as they existed prior to the Program.
  • The Incentive Warrants will be subject to a four month hold period from the date of the Incentive Warrant issuance pursuant to applicable Canadian securities laws.
  • No fractional Incentive Warrants will be issued and the number of Incentive Warrants to be issued shall be rounded down to the nearest whole number.

Tortoise Acquisition Corp. Announces the Separate Trading of its Class A Common Stock and Warrants, Commencing April 22, 2019

Retrieved on: 
Friday, April 19, 2019
Energy, Oil, Gas, Professional services, Finance, Finance, Equity securities, Corporate finance, Financial economics, Economy, Stock market, Options, Warrant, New York Stock Exchange, Stock exchange, Stock, Stock option expensing

Each unit consists of one share of Class A common stock, par value $0.0001 per share, and one-half of one redeemable warrant.

Key Points: 
  • Each unit consists of one share of Class A common stock, par value $0.0001 per share, and one-half of one redeemable warrant.
  • The shares of Class A common stock and warrants that are separated will trade on the New York Stock Exchange (the NYSE) under the symbols SHLL and SHLL WS, respectively.
  • Holders of the units will need to have their brokers contact Continental Stock Transfer & Trust Company, the Companys transfer agent, in order to separate the holders units into shares of Class A common stock and warrants.
  • Tortoise Acquisition Corp. was formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination.

Crescent Acquisition Corp Announces the Separate Trading of its Class A Common Stock and Warrants, Commencing April 16, 2019

Retrieved on: 
Monday, April 15, 2019
Professional services, Finance, Finance, Money, Financial markets, Equity securities, Corporate finance, Stock market, Options, Warrant, Stock, NASDAQ, Stock option expensing

Each unit consists of one share of Class A common stock, par value $0.0001 per share, and one-half of one redeemable warrant.

Key Points: 
  • Each unit consists of one share of Class A common stock, par value $0.0001 per share, and one-half of one redeemable warrant.
  • No fractional warrants will be issued upon separation of the units and only whole warrants will trade.
  • The shares of Class A common stock and warrants that are separated will trade on The Nasdaq Capital Market (the Nasdaq) under the symbols CRSA and CRSAW, respectively.
  • Holders of the units will need to have their brokers contact Continental Stock Transfer and Trust Company, the Companys transfer agent, in order to separate the units into shares of Class A common stock and warrants.

Datametrex Announces Early Exercise Warrant Program

Retrieved on: 
Thursday, August 30, 2018
Options, Money, Finance, Economy, Warrant, Expiration, Exercise, Stock option expensing, Covered warrant

TORONTO, Aug. 30, 2018 /CNW/ - Datametrex AI Limited (the "Company" or "Datametrex") (TSXV: DM, FSE: D4G) is pleased to announce the implementation of an early exercise warrant program (the "Program") designed to encourage the early exercise of 52,415,000 unlisted warrants with an exercise price of $0.15 per warrant and an expiration date of May 20, 2019 and 11,058,175 unlisted warrants with an exercise price of $0.15 per warrant with an expiration date of June 6th, 2019 (the "Warrants").

Key Points: 
  • TORONTO, Aug. 30, 2018 /CNW/ - Datametrex AI Limited (the "Company" or "Datametrex") (TSXV: DM, FSE: D4G) is pleased to announce the implementation of an early exercise warrant program (the "Program") designed to encourage the early exercise of 52,415,000 unlisted warrants with an exercise price of $0.15 per warrant and an expiration date of May 20, 2019 and 11,058,175 unlisted warrants with an exercise price of $0.15 per warrant with an expiration date of June 6th, 2019 (the "Warrants").
  • The Program will be open to eligible Canadian holders of the Warrants until September 29, 2018 (the "Early Exercise Period").
  • Details of the Early Exercise Warrant Program:
    Subject to availability, each eligible holder of Warrants who participates in the Program will receive one (1) common share ("DM Share") in the capital of the Company (at a value of $0.06) and 0.3 Graph Shares (at a deemed value of $0.09) for every one (1) Warrant exercised.
  • Holders of Warrants who wish to participate in the Program will agree to exercise their Warrants pursuant to the terms of such Warrants and to deliver the required documentation in connection with the Program.

QuickLogic Corporation Announces Pricing of $15.5 Million Public Offering of Common Stock and Warrants

Retrieved on: 
Thursday, May 24, 2018
Finance, Money, Economy, Corporate finance, Equity securities, Options, Stock market, Warrant, Public offering, Stock, Covered warrant, Stock option expensing

The shares of common stock and corresponding warrants are being sold in combination, with one warrant to purchase 0.4 of a share of common stock for each share of common stock sold.

Key Points: 
  • The shares of common stock and corresponding warrants are being sold in combination, with one warrant to purchase 0.4 of a share of common stock for each share of common stock sold.
  • The aggregate public offering price for each share of common stock and corresponding warrant is $1.15.
  • The gross proceeds from this offering are expected to be approximately $15.5 million, assuming none of the corresponding warrants issued in this offering are exercised.
  • There is no established public trading market for the warrants and the Company does not expect a market to develop.