s*i 发帖数: 344 | 1 其中有一段,他不是很明白,请问各位有何高见,谢谢!
First pay the original purchase price plus declared but unpaid dividends on
each Series A Preferred Share. Thereafter, Series A Preferred Shares and
Ordinary Shares share on an as-converted basis until each holder of Series A
Preferred Shares has received $2.50 per share (including the original
purchasing price plus declared but unpaid dividends). Any remaining proceeds
will be distributed to holders of Ordinary Shares. |
D**********s 发帖数: 320 | 2 1. You get your original investment back plus accrued dividend.
2. If there is anything left, You can participate in the distribution as if
all of your preferred shares have been converted into common shares.
3. Your total return is capped by $2.50 per share. |
s*i 发帖数: 344 | 3 Thanks - what is the ratio of conversion: 1:1?
if
【在 D**********s 的大作中提到】 : 1. You get your original investment back plus accrued dividend. : 2. If there is anything left, You can participate in the distribution as if : all of your preferred shares have been converted into common shares. : 3. Your total return is capped by $2.50 per share.
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D**********s 发帖数: 320 | 4 You need to check the orginal Preferred Stock Purchase agreement for the
conversion ratio. Normally there should be a specified conversion price
adjusted by a formula. |