RE:RE:To Ensure ClarityWhat I read was that Canncure, a 100% owned SOL subsidiary, will own both MCP and 3 Boys and Merida will receice $35M in cash from SOL and $115m in Canncure shares as payment. Of the $35m, $24m will be rased by SOL from a private placement of Canncure shares and $9m in SOL current cash, not sure where the other $2m comes from!
At the end of the day SOL will still own 58% of Canncure and Merida 42%. No SOL dilution from what I can tell and very little SOL current cash will be used.
What did I miss or get wrong?
GLTA