Share Issuance

Authorized Shares or Authorized Stock
Authorized shares, or authorized stock, refer to the maximum number of shares that a corporation can issue as stated in its corporate charter. A corporation is not obligated to issue all of its authorized shares.
Merger Relief
Relief from adding to, or setting up, a share premium account when issuing shares at a premium if an issuing company has secured at least a 90% equity holding in another company.
Nil Paid Shares
Shares issued without any payment, typically as a result of a rights issue, often used by companies as a means to raise capital.
Nominal Capital
Nominal capital, also referred to as authorized share capital, represents the maximum amount of share capital that a company is authorized to issue to shareholders as per its corporate charter.
Nominal Share Capital
Nominal share capital, also known as authorized share capital, is the maximum value of shares that a company can legally issue as stated in its corporate charter.
Overissue
Overissue refers to the issuance of shares of capital stock in excess of the number authorized by a corporation’s charter. Preventing overissue is the function of a corporation's registrar, usually a bank acting as an agent, which works closely with the transfer agent.
Vendor Placing
A vendor placing is a strategic financial maneuver used for acquiring another company or business, involving the placement of issued shares with prearranged investors as an alternative to direct cash transactions.

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