OTCPK:NWKRF - Post by User
Comment by
DelicateBalanceon May 23, 2019 8:24am
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Post# 29767330
RE:HIP.WT and HIP.WT.A
RE:HIP.WT and HIP.WT.ACopy from "Management information circular" posted to SEDAR April 25th, 08:15:53 ET Under the terms of the arrangement agreement, if the Arrangement becomes effective, the holders of common shares of Newstrike will receive 0.06332 shares of HEXO for each common share of Newstrike held. Newstrike optionholders will participate at the same conversion ratio and the vesting and life of their options will continue unchanged. Similarly, the treatment for Newstrike warrantholders carries over to the combined entity. If Newstrike warrants are exercised after the transaction closes, they will be settled as to 0.06332 shares of HEXO stock for each Newstrike warrant, and the warrant expiry date will remain unchanged.