DelphX Announces Warrant Extension
DelphX Announces Warrant Extension
Toronto, Ontario--(Newsfile Corp. - May 19, 2023) - DelphX Capital Markets Inc. (TSXV: DELX) (OTCQB: DPXCF) ("DelphX"), a leader in the development of new classes of structured products for the fixed income market, announces that it intends to seek approval of the TSX Venture Exchange to extend the exercise period of share purchase warrants.
安大略省多伦多-(Newsfile Corp.-2023年5月19日)-DelphX Capital Markets Inc. (TSXV:DELX)(OTCQB:DPXCF)(“DelphX为固定收益市场开发新类别结构性产品的领先者)宣布,拟寻求多伦多证券交易所创业板批准延长认购权证的行使期限。
DelphX intends to seek approval of the TSX Venture Exchange to extend the exercise period of a total of 4,133,334 share purchase warrants, all of which are exercisable at $0.24 per common share (collectively, the "Warrants"). The Warrants were issued on May 31, 2021 on the conversion of $620,000 principal amount of secured convertible debentures issued pursuant to a private placement announced September 4, 2019. DelphX proposes to extend the expiry date for these Warrants by one year to May 31, 2024.
德尔福拟寻求多伦多证券交易所创业板的批准,延长总计4,133,334份认股权证的行使期限,所有认股权证均可按每股普通股0.24美元行使(统称为“认股权证该等认股权证于2021年5月31日发行,以转换根据2019年9月4日公布的私募发行的620,000美元有担保可转换债券本金。DelphX建议将该等认股权证的到期日延长一年至2024年5月31日。
All other terms and conditions of the Warrants will remain unchanged. The Warrant extension is subject to acceptance by the TSX Venture Exchange.
认股权证的所有其他条款和条件将保持不变。延长认股权证须经多伦多证券交易所创业板接受。
A total of 1,666,667 Warrants are held by parties who are considered to be "related parties" of DelphX Therefore, the amendment of Warrants constitutes a "related party transaction" as contemplated by Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions, and TSXV Policy 5.9 - Protection of Minority Security Holders in Special Transactions. However, the exemptions from formal valuation and minority approval requirements provided for can be relied upon as the fair market value of the Warrants does not exceed 25% of the market capitalization of DelphX.
共有1,666,667份认股权证由被视为德尔福“关联方”的各方持有,因此,对认股权证的修订构成了多边文书61-101所设想的“关联方交易”。特殊交易中少数股权持有人的保护,和TSXV政策5.9-特殊交易中少数股权持有人的保护。然而,由于认股权证的公平市值不超过DelphX市值的25%,因此可以信赖所规定的正式估值和少数股东批准要求的豁免。
About DelphX Capital Markets Inc.
德尔福资本市场公司简介
DelphX is a technology and financial services company focused on developing and distributing the next generation of structured products. Through its special purpose vehicle Quantem LLC, the Company enables fixed income dealers to offer new private placement securities that optimally transfer and diffuse credit risk, while allowing the enhancement of yield. The new DelphX securities will enable dealers and their qualified institutional investors (QIBs) accounts to competitively structure, sell and make markets in:
德尔福是一家专注于开发和分销下一代结构化产品的技术和金融服务公司。通过其特殊目的载体Quantem LLC,该公司使固定收益交易商能够提供新的私募证券,以最佳方式转移和分散信用风险,同时允许提高收益率。新的DelphX证券将使交易商及其合格机构投资者(QIB)账户能够在以下方面具有竞争力地构建、销售和做市:
- Collateralized put options (CPOs) that provide secured default protection or rating downgrade protection for underlying corporate, municipal and sovereign securities;
- 抵押看跌期权(CPO),为标的公司、市政和主权证券提供有担保的违约保护或评级下调保护;
- Collateralized reference notes (CRNs) that enable credit investors to take on the default or rating downgrade exposure of an underlying security in exchange for enhanced yield.
- 抵押参考票据(CRN),使信用投资者能够承担基础证券的违约或评级下调敞口,以换取更高的收益率。
All CPOs and CRNs are fully collateralized and held in custody by BNY Mellon. CPOs and CRNs are proprietary products created and owned by DelphX Capital Markets.
所有CPO和CRN都由纽约梅隆银行完全抵押和托管。CPO和CRN是由DelphX Capital Markets创建和拥有的专有产品。
For more information about DelphX, please visit .
有关DelphX的更多信息,请访问。
Mark Forney, Corporate Development
DelphX Capital Markets Inc.
mark.forney@delphx.com
(718) 509-2160
马克·福尼,企业发展
DelphX Capital Markets Inc.
邮箱:mark.forney@delphx.com
(718)509-2160
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
多伦多证券交易所创业板交易所及其监管服务提供商(该术语在多伦多证券交易所的政策中定义)均不对本新闻稿的充分性或准确性承担责任。
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