What are underlying shares outstanding certificates?

Underlying Shares: Shares of stock that have been issued. The original certificate is held by the shareholders who have neither cashed the dividend checks nor communicated with the stock issuer.

What are underlying shares?

What Does Underlying Mean? Underlying, when referred to in reference to equity trading, is the common stock that must be delivered when a warrant is exercised, or when a convertible bond or convertible preferred share is converted to common stock.

What happens to unclaimed stock certificates?

Sometimes, they disappear for a while, hiding in a safe-deposit box or a brokerage account the owner forgot about. Eventually, like unclaimed bank accounts and insurance policies, they pass to the state government’s control.

How do I find unclaimed stock certificates?

The National Association of Unclaimed Property Administrators (NAUPA) has set up a free website at www.unclaimed.org that will link you to the appropriate department in each state that holds unclaimed funds.

Which is the correct definition of underlying shares?

Underlying Shares means the Shares that will be represented by the ADSs. Underlying Shares means the shares of Common Stock or Preferred Stock issuable upon conversion of the Notes. Underlying Shares means the Shares and the shares of Common Stock underlying the Preferred Stock.

Can a subsidiary report to the SEC under Rule 3-10?

Answer: Yes, if certain requirements are satisfied. Rule 3-10 of Regulation S-X permits modified reporting by subsidiary issuers of guaranteed securities and subsidiary guarantors.

How are underlying shares are held in custody?

The holding of confirmation statements that identify Underlying Shares as being recorded in the Custodian’s name on behalf of the Funds will be held in custody for purposes of this Section 2.1. This Agreement does not require the Custodian to accept an asset for custody hereunder or to treat any asset that is not a security as a financial asset.

What are shares issued by a business association?

Shares of stock that have been issued by a business association, or a banking or financial organization. The original certificate for the shares is in the possession of the shareholders, who have failed to either cash the dividend checks or correspond with the issuing corporation

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