UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
−Removed: The Board has adopted a share and notes repurchase plan.
−Removed: Our Board of Directors had previously extended the share repurchase plan to June 30, 2021, and the authorized repurchase of up to 5.0 million Class A ordinary shares or securities convertible into Class A ordinary shares in the open market, through privately negotiated transactions or Rule 10b5-1 stock trading plans.
−Removed: In addition, the Board of Directors had also authorized the Company to repurchase up to $25.0 million aggregate face amount of the Company’s 4.00% Convertible Senior Notes due 2023 (the “Notes”) in privately negotiated transactions, in open market repurchases, or pursuant to one or more tender offers.
−Removed: On May 4, 2021, the Board of Directors approved a share repurchase plan effective from July 1, 2021, until June 30, 2022, authorizing the Company to purchase up to $25.0 million of Class A ordinary shares or securities convertible into Class A ordinary shares in the open market, through privately negotiated transactions or Rule 10b5-1 stock trading plans.
−Removed: The Company is not required to repurchase any of the Class A ordinary shares or Notes and the repurchase plans may be modified, suspended or terminated at the election of our Board of Directors at any time without prior notice.
−Removed: There were no repurchases of Notes during the three months ended September 30, 2021.
−Removed: The table below details the share repurchases that were made under the plan during the three months ended September 30, 2021:
−Removed: Issuer Purchases of Equity Securities
−Removed: Period Total Number of Shares Purchased
−Removed: (1) Average Price Paid per Share Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs
−Removed: (1) Maximum Value of Shares that May Yet Be Purchased Under the Plans or Programs
−Removed: ($ in thousands)
−Removed: July 1 - 31, 2021 354,411 $ 9.18 354,411 $ 21,747
−Removed: August 1 - 31, 2021 — — 0 $ 21,747
−Removed: September 1 - 30, 2021 — — 0 $ 21,747
−Removed: Total 354,411 $ 9.18 354,411 $ 21,747
−Removed: (1) Class A ordinary shares.
−Removed: (2) The new share repurchase plan took effect on July 1, 2021 as further described above.
−Removed: Return to table of contents
+Added: Our board of directors has adopted a share repurchase plan authorizing the Company to repurchase Class A ordinary shares.
+Added: From time to time, the repurchase plan has been re-approved or modified at the election of our Board of Directors.
+Added: The existing plan expires on June 30, 2022.
+Added: On April 26, 2022, the Board of Directors re-approved the share repurchase plan effective from July 1, 2022, until June 30, 2023, authorizing the Company to repurchase up to $25.0 million of Class A ordinary shares or securities convertible into Class A ordinary shares in the open market, through privately negotiated transactions or Rule 10b5-1 stock trading plans.
+Added: The Company is not required to repurchase any Class A ordinary shares and the repurchase plan may be modified, suspended or terminated at any time without prior notice.
+Added: There were no share repurchases during the three months ended March 31, 2022.
DEFAULTS UPON SENIOR SECURITIES
2 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.