Assertion: common stock's share | /r/CapableOf | sell above the conversion price
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Source sentences:
text: Practically, an issuer of convertible preferred shares whose common shares sell above the conversion price (e.g., if the conversion price is $10 and the stock sells for $15) will force conversion of the preferred stock, thereby eliminating an obligation to make regular dividend payments and increasing their common stock equity.
text: Practically, an issuer of convertible preferred shares whose common shares sell above the conversion price (e.g., if the conversion price is $10 and the stock sells for $15) will force conversion of the preferred stock, thereby eliminating an obligation to make regular dividend payments and increasing their common stock equity.