RE:RE:RE:RE:RE:News Agreed, Gal! The number of shares is irrelevant. The aggregate value in shares from the SVC divestment ($USD) will be exactly that required for the Medisure acquisition ($CAD) ...so no dilution. Imho the cash requirement for the acquisition will be done creatively and with shareholder value as important as any other expectation. Even if they carried out a private placement the dilutive consequence would be inconsequential relative to the no. of outstanding shares.
A great move all around ....especially considering Medisure 2020 revenues were $1.9 million.
Just one more fantastic step in the evolution of Empower!!!
GalAnonymous wrote:
I get that, but to acquire Medisure we need to issue shares in addition to paying cash:
"(the Company will issue an aggregate value of $1,250,000.00 CAD in capital of Empower" )
so that 1 mln usd worth of shares would come in handy! :)
NuTrader17 wrote: They are not getting 1 million usd, they are getting 1 million usd worth of common shares back from the Klein's. At whatever price is averaged of a certain amount of trading days. So technically speaking the lower the price goes the more shares they get back and vice versa if the price goes up over the specified days.