Tag: Issuance

Ashford Trust Announces Approval Of The Stock Issuance Proposal At The Special Meeting Of Stockholders

DALLAS, Oct. 6, 2020 /PRNewswire/ — Ashford Hospitality Trust, Inc. (NYSE: AHT) (“Ashford Trust” or the “Company”) today announced that holders of the Company’s common stock (the “Common Stock”) voted to approve our issuance of up to 126,048,813 shares of Common Stock in connection with the offer to exchange any and all shares of the Company’s preferred stock for cash or shares of Common Stock (the “Exchange Offers”), in accordance with Rule 312.03(c) of the NYSE Listed Company Manual (the “Stock Issuance Proposal”).  The shares of Common Stock voted in favor of the Stock Issuance Proposal represented 67.8% of votes cast thereon.

The Company also announced that it has partially adjourned its Special Meeting of Stockholders (the “Special Meeting”) held on October 6, 2020 to provide holders of Common Stock additional time to vote on the proposal to amend the Company’s corporate charter (the “Charter Amendment Proposal”), as currently

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‘Visa upon arrival’ issuance still suspended, BI official assures Senate

‘Visa upon arrival’ issuance still suspended, BI official assures Senate

A Bureau of Immigration (BI) official on Monday assured senators that the issuance of visas upon arrival (VUA) remains suspended amid the COVID-19 pandemic.

Unsplash / MANILA BULLETIN

According to Deputy Commissioner Tobias Javier, the VUA policy was suspended in January 2020 and the suspension is still being enforced currently.

Javier said this in response to Sen. Maria Josefa Imelda Marcos’ question during a Senate hearing on the proposed 2021 national budget.

Marcos wanted to clarify the matter amid reports that sex trafficking is still happening despite the ongoing COVID-19 pandemic and the travel restrictions the government has imposed to slow down the transmission of the coronavirus.

The issue regarding VUAs cropped up during the Senate Committee on Women, Children and Gender Equality’s investigation into the

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Halo Labs Completes Issuance of Shares to Independent Consultants, Directors, Employees and Suppliers

TORONTO–(BUSINESS WIRE)–Halo Labs Inc. (“Halo” or the “Company”) (NEO: HALO, OTCQX: AGEEF, Germany: A9KN) today announced the issuance of 15,566,078 common shares of the Company to certain independent consultants, directors, employees, and suppliers of the Company, in lieu of cash consideration (the “Compensation Shares”) at a price of C$0.10 per Compensation Share, being the closing price of the common shares of the Company on September 4, 2020.

Kiran Sidhu, Chief Executive Officer of the Company, stated “The willingness of our consultants, over the past 12 months, to satisfy certain of the Company’s obligations in shares has helped us conserve cash as we navigated the recent volatility in global markets. Following the launch of our at-the-market financing program and the recently announced promissory note that provides the Company with $14 million in available funds, we are now positioned to shift away from

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