Pro rata is a term used to describe a proportionate allocation. It's a method of assigning an amount to a fraction according ...
Leocor Mining Inc. is pleased to announce a proposed distribution of up to all of its 17,647,058 common shares of Intrepid Metals Corp. , representing approximately 15.09% of the issued and ...
Lee Edwards, partner at Root VC, has a saying at his firm that “pro rata rights are earned, not given.” That may be a bit of a stretch since pro rata refers to a term that VCs put in their term sheets ...
Pro rata rights or proportional rights let existing investors keep their ownership stake by investing more when a company raises funding. Pro rata rights, sometimes called proportional rights, are ...
Defunct Heritage Bank’s depositors with N5 million minimum balance have described as unacceptable the announcement by the Nigeria Deposit Insurance Corporation’s (NDIC) that they will receive only ...
The Securities and Exchange Board of India (Sebi) has provided relief to Alternate Investment Funds (AIFs) over how to apply the new “pro-rata rights” rule introduced in December 2024, in a ...
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