The company said Wednesday that shareholders would receive one warrant for every two shares they hold, rounded down. The warrants expire two years after they are distributed, unless an early ...

Xerox Holdings Corporation (NASDAQ: XRX) ("Xerox" or the "Company") today announced that its Board of Directors has approved a pro-rata distribution of warrants to holders (collectively, the "Eligible ...

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 ...

Tactics used in liability management type transactions (LMTs) have made their way to bankruptcy cases, including non pro rata ...

Q. Hi Dan. In your last column you wrote about “… a rather infamous provision dubbed the ‘pro-rata rule.’” One of my IRAs is non-deductible, so I need to know what that is and why it’s infamous. Can ...

Steve Brotman started Alpha Partners in 2014 with a novel idea at the time: investing alongside early-stage VCs to help preserve their ownership in promising companies as they transition to later ...

Among the many financial innovations that came out of the COVID era, non-pro rata uptier transactions as a liability management exercise (“LMEs”) are among the more controversial. While lawsuits ...