AEterna Zentaris AEZS 1000% Chance !? (Seite 785)

[centgreifer]

Antwort auf Beitrag Nr.: 51.318.960 von rosmo1 am 16.12.15 17:34:45

In addition, the Company proposes to grant to the Underwriters an option (the “ Over-Allotment Option ”), in respect of their percentages set forth in Section 25(a) hereof, exercisable in whole or in part at any time prior to 5:00 p.m. (Toronto time) on the day that is the forty-fifth (45 th ) day following the Closing Date, in the Representative’s sole discretion and without obligation, to purchase from the Company up to an additional 330,000 Common Shares (the “ Option Shares ”) and Warrants (the “ Option Warrants ” and, collectively with the Option Shares, the “ Option Securities ”) to purchase up to 231,000 shares of common stock (the “ Option Warrant Shares ”), which may be purchased in any combination of Option Shares and/or Option Warrants at the Share Purchase Price and/or Warrant Purchase Price, respectively.

(b) Over-Allotment Option

(i) For the purposes of covering any over-allotments in connection with the distribution and sale of the Closing Securities, the Representative is hereby granted an option (the “ Over-Allotment Option ”) to purchase, in the aggregate, up to 330,000 Option Shares and up to 231,000 Option Warrants, which may be purchased in any combination of Option Shares and/or Option Warrants at the Share Purchase Price and/or Warrant Purchase Price, respectively. The Representative covenants and agrees that to the extent the Representative exercises the Over-Allotment Option on the Closing Date solely with respect to the Option Warrants, then such exercise shall be in an manner as contemplated and for the purpose as described in the Prospectus Supplements under the heading “ Underwriting – Underwriters’ Option ”.



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(ii) In connection with an exercise of the Over-Allotment Option, (a) the purchase price to be paid for the Option Shares is equal to the product of the Share Purchase Price multiplied by the number of Option Shares to be purchased and (b) the purchase price to be paid for the Option Warrants is equal to the product of the Warrant Purchase Price multiplied by the number of Option Warrants (the aggregate purchase price to be paid on an Option Closing Date, the “ Option Closing Purchase Price ”).

(c) Underwriters’ Commission . In consideration of the Underwriters’ services to be rendered in connection with the Offering, the Company agrees to pay to the Underwriters an aggregate underwriting fee equal to seven percent (7%) of the gross proceeds of the Offering, such cash commission representing US$0.3878 per Share, US$0.0007 per Warrant, and, if applicable, US$0.3878 per Option Share and/or US$0.0007 per Option Warrant (the “ Underwriters’ Commission ”). The Underwriters’ Commission may be deducted by the Underwriters from the proceeds of sale of the Closing Securities on the Closing Date or the proceeds of sale of the Option Securities on the Option Closing Date, as applicable. In addition, the Company agrees to pay to the Underwriters, and in the manner specified by the Underwriters, all fees, disbursements and expenses incurred by the Underwriters in accordance with the provisions in Section 4 hereof.

http://secfilings.nasdaq.com/filingFrameset.asp?FileName=000…

[herrscher2]

Ich behaupte stock und steif, dass es insgesamt nur 3 Mio neue shares gibt. Die "warrants to acquire" sind hier bereits includiert!!

[rosmo1]

Antwort auf Beitrag Nr.: 51.316.866 von rosmo1 am 16.12.15 14:01:09

Zitat von rosmo1:

Zitat von Gansruhig: The warrants are exercisable immediately and expire five years following issuance at an exercise price of US$7.10 per share

Gibt es diesmal Geld, wenn jemand die Warrants ausübt ?

Da wäre ich mir nicht so sicher


On December 9, 2015, the Corporation announced that it had priced the Offering consisting of 3.0 million common shares and warrants to acquire 2.1 million common shares at a combined purchase price of US$5.55 for one common share together with a warrant to purchase 0.7 of a common share. In addition, the Corporation granted the underwriter a 45-day option to purchase up to an additional 330,000 common shares and/or warrants to purchase up to an additional 231,000 common shares, to cover over-allotments, if any. The warrants are exercisable immediately and expire five years following issuance at an exercise price of US$7.10 per share. The warrants do not contain any price or other adjustment provision, except for customary adjustment provisions that apply in the event of certain corporate events or transactions that affect all outstanding common shares. The warrants may at any time be exercised on a “net” or “cashless” basis in accordance with a customary formula but do not contain an alternate cashless exercise feature contained in our previously issued Series B common shares purchase warrants. The warrants will not be listed on any stock exchange.

http://secfilings.nasdaq.com/filingFrameset.asp?FileName=000…

Werde aus dem oberen Text nicht ganz schlau, kann mir da jemand helfen?

Ich fasse mal zusammen, was ich verstanden habe:

man bekommt für US$5,55, 3 Mio Aktien plus Warrants zum Ewerb von 2,1 Mio Aktien, also 1,47 Mio Warrants.

Soweit so gut!

Aber was hat es mit den zusätztlichen Aktien bzw. Warrants auf sich? Da steht 330.000 Aktien und/oder warrants für weitere 231.000 Aktien, also im schlimmsten Fall 561.000 neue Aktien. Zu welche Konditionen? Wenn die umsonst wären, was soll das mit der 45 Tage Option?

Und was hat es mit der cashless Option auf sich? Weiß jemand wie das dann funktioniert?

Danke im Voraus für Eure Hilfe!

[R32]

Antwort auf Beitrag Nr.: 51.311.052 von herrscher2 am 15.12.15 18:32:11

Zitat von herrscher2: Bullen, Bären ..

Mann, sind hier Anfänger unterwegs

Und jetzt noch die Aufregung mit den Warrents - Bin hin und hergerissen

[rosmo1]

Antwort auf Beitrag Nr.: 51.316.167 von Gansruhig am 16.12.15 12:43:22

Zitat von Gansruhig: The warrants are exercisable immediately and expire five years following issuance at an exercise price of US$7.10 per share

Gibt es diesmal Geld, wenn jemand die Warrants ausübt ?

Da wäre ich mir nicht so sicher


On December 9, 2015, the Corporation announced that it had priced the Offering consisting of 3.0 million common shares and warrants to acquire 2.1 million common shares at a combined purchase price of US$5.55 for one common share together with a warrant to purchase 0.7 of a common share. In addition, the Corporation granted the underwriter a 45-day option to purchase up to an additional 330,000 common shares and/or warrants to purchase up to an additional 231,000 common shares, to cover over-allotments, if any. The warrants are exercisable immediately and expire five years following issuance at an exercise price of US$7.10 per share. The warrants do not contain any price or other adjustment provision, except for customary adjustment provisions that apply in the event of certain corporate events or transactions that affect all outstanding common shares. The warrants may at any time be exercised on a “net” or “cashless” basis in accordance with a customary formula but do not contain an alternate cashless exercise feature contained in our previously issued Series B common shares purchase warrants. The warrants will not be listed on any stock exchange.

http://secfilings.nasdaq.com/filingFrameset.asp?FileName=000…

[1Fuchs]

Alles in Allem ist die MK nach wie vor ein Witz für die Pipeline. Ist halt ein Selbstbedienungsladen durch die Machenschaften des Managements. Wenn ich mir das Handelsvolumen anschaue, wurde hier schon mehrfach der komplette Bestand in den letzten Wochen gehandelt.

[linkshaender]

Antwort auf Beitrag Nr.: 51.315.888 von rosmo1 am 16.12.15 12:17:59

Beim Investor kommt schon was rein. 3300$ für 330000 Warrants, das hätte ich mir auch gewünscht. Da muss der Kurs nur auf 12$ steigen und ich hätte die Million im Kasten.

[Gansruhig]

Antwort auf Beitrag Nr.: 51.315.888 von rosmo1 am 16.12.15 12:17:59

The warrants are exercisable immediately and expire five years following issuance at an exercise price of US$7.10 per share

Gibt es diesmal Geld, wenn jemand die Warrants ausübt ?

[rosmo1]

Antwort auf Beitrag Nr.: 51.315.336 von Gansruhig am 16.12.15 11:13:52

Zitat von Gansruhig: Sieht für mich so aus, als wenn es die 330000 zusätzlichen Warrants umsonst dazu gab.

bleibt ja beim: generating net proceeds of approximately US$15.0 million.

aber : resulting in the issuance by the Corporation, at closing, of 3.0 million common shares and warrants to acquire an aggregate of 2,331,000 common shares

Statt : the Offering consisting of 3.0 million common shares and warrants to acquire 2.1 million common shares

http://de.advfn.com/p.php?pid=nmona&article=69711015

Sollten die Warrants wirklich nur einen Cent kosten, waren das zusätzliche 3300 $.
Wohl nicht weiter erwähnenwert.

Aber wozu das ganze dann, wenn nix reinkommt! Dann kann man das auch lassen oder?

[jhackel]

Ihr habt mal wieder die große Ahnung hier. Die Warrants kosten 0.01 und die shares kosten 5.54, sodass beides insgesamt 5.55 ergibt.