Quarterly report pursuant to Section 13 or 15(d)

SHAREHOLDERS EQUITY

v3.22.2.2
SHAREHOLDERS EQUITY
9 Months Ended
Sep. 30, 2022
SHAREHOLDERS EQUITY  
Shareholders Equity

8. SHAREHOLDERS’ EQUITY

 

Shares Outstanding

 

The table below details the change in Company shares outstanding by class during the nine months ended September 30, 2022:

 

 

 

Subordinate

 

 

Super

 

(in thousands)

 

Voting Shares

 

 

Voting Shares

 

Balance-December 31, 2021

 

 

111,806

 

 

 

203

 

Issuance of vested restricted stock units

 

 

220

 

 

 

-

 

Balance-September 30, 2022

 

 

112,026

 

 

 

203

 

 

Warrants

 

A reconciliation of the beginning and ending balances of warrants outstanding is as follows: 

 

 (in thousands)

 

 

 

Balance-December 31, 2021

 

 

101,906

 

Warrants issued in conjunction with convertible debenture offering

 

 

72,081

 

Balance-September 30, 2022

 

 

173,987