Sale of Common & Preferred Stock

What is Sale of Common & Preferred Stock?

Sale of Common & Preferred Stock represents the proceeds from sale of common and preferred shares and the net of issuance expenses, including the proceeds from the exercise of options or conversion of debt securities.

It includes:

• Proceeds from exercise of stock options;
• Proceeds from rights issue;
• Conversion of debt securities to common stock; and
• Conversion of preferred stock to common stock.