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IGCIW, CUSIP number 45408X118, expiring on March 8, 2021) are quoted on the OTC Markets.
−Removed: We have 91,472 units outstanding that can be separated into common stock and warrants.
+Added: We have 91,472 units outstanding that can be separated into common stock and warrants as on March 31, 2020.
The Units are not listed on an exchange.
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The unit holders are requested to contact the Company or our transfer agent, Continental Stock Transfer & Trust, to separate their units into common stock and warrants.
−Removed: On October 29, 2018, the NYSE suspended trading of IGC’s common stock and commenced proceedings to delist the Company’s stock from trading on the Exchange.
−Removed: Subsequently, on October 30, 2018, the common stock began trading on the OTC Pink market under the ticker symbol “IGCC”.
−Removed: After a successful appeal of the NYSE’s delisting decision, on February 26, 2019, the Company’s stock resumed trading on the NYSE American under the ticker symbol “IGC”.
−Removed: On June 10, 2019, closing share price of our common stock, as reported on the NYSE American, was $0.87 per share.
+Added: The Company has 11,672,178 outstanding publicly traded warrants to purchase 1,167,217 shares of its common stock.
The trading history for the warrants is not available.
No warrants were issued in Fiscal 2020 or Fiscal 2019.
−Removed: As set out on Form 8-K filed on February 19, 2019, the Company unilaterally extended the expiration of the warrants to 5:00 p.m.
−Removed: New York time on Monday March 8, 2021, and commencing at 5:00 p.m.
−Removed: New York time on March 6, 2019, and terminating at 5:00 p.m., New York time, on March 8, 2021, the terms of the warrants will permit the Company to exchange ten warrants and $5 for each share of common stock (CUSIP 45408X 308), in accordance with Section 3.1 of the Warrant Agreement.
+Added: As set out on Form 8-K filed on February 19, 2019, the Company unilaterally extended the expiration of the warrants.
+Added: The extension commencing at 5:00 p.m.
+Added: New York time on March 6, 2019, and terminating at 5:00 p.m., New York time, on March 8, 2021.
+Added: The terms of the warrants will permit the Company to exchange ten warrants and $5 for each share of common stock (CUSIP 45408X 308), in accordance with Section 3.1 of the Warrant Agreement.
Further information on the securities can be referred to in Note 13 of Part II, Item 8.
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Equity compensation plans approved by security holders:
−Removed: 2008 and 2018 Omnibus Incentive Plan
+Added: 2018 Omnibus Incentive Plan (1)
+Added: Special Grant (2)
(1) Consists of our 2018 Omnibus Incentive Plans, as approved by our stockholders on November 8, 2017.
See Note 15, “Stock-Based Compensation” of the Notes to the Consolidated Financial Statements included in this report.
−Removed: As of June 10, 2019, we had approximately 47 registered shareholders of record of our common stock, and approximately 4 registered holders of record of our warrants.
+Added: (2) Consists of 2 million shares as a special grant of common stock, as approved by our stockholders on January 7, 2020.
+Added: As of June 24, 2020, we had approximately 45 registered shareholders of record of our common stock, and approximately 4 and 2 registered holders of record of our warrants and units respectively.
The number of record holders does not include persons who held our common stock in nominee or “street name” accounts through brokers.
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Purchases of equity securities by the issuer and affiliated purchasers
−Removed: On March 23, 2019, we sold our Malaysian subsidiary Cabaran Ultima and received back 80,000 shares of IGC common stock from the buyer of Cabaran.
−Removed: The Company does not have any repurchase program which obligates it to acquire any specific number of shares.
SELECTED FINANCIAL DATA
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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.