How does NASDAQ compute the number of shares issuable in a transaction?
In determining the potential issuance in a transaction, NASDAQ will include all shares that are potentially issuable, even if the circumstances for their issuance are remote. For example, if the company has any anti-dilution features or reset provisions or earn-out or similar provisions that could potentially reach the shareholder approval requirement thresholds, then the company would be required to obtain shareholder approval before entering into the transaction.
Related Questions
- Can an individual buy shares online on the NASDAQ in the USA for my DIY super fund? If so are there any additional fees for international trading?
- How is the percentage of shares of common stock to be issued in a transaction calculated?
- Can I convert my holdings between Nasdaq listed common shares and ASX listed CDIs?
