1 Once upon a time, when you bought broccoli you bought the whole vegetable, stems and crowns. Then it became customary for grocery store produce departments to separate the crowns from the stems and to sell the crowns at a premium. 2  Iâm not a fan of this practice, because I like both parts of the broccoli plant.
A company's first issue of common stock to the public is called an Initial Public Offering. Afterwards, a corporation may issue new equity at any time in order to finance its growth. When new common shares are offered to existing shareholders first, this is called a rights offering.
(b) 590 new Procurri Shares to Mr Oan Chim Seng (the âSecond Subscriberâ) at the issue price. of S$2,539 per Procurri Share pursuant to a subscription agreement dated 5 May 2014; and. (c) 1,970 new Procurri Shares to the Company at the issue price of S$2,539 per Procurri Share, (collectively, the â First Share Issuanceâ). In addition, Procurri Corp will issue and allot a further 690 new Procurri Shares on 30 May 2014.