RE: RE: RE: RE: How to solve the crisis Yellow Media can exchange each Preferred A share for $25 (the redemption price) +
.796875 of accrued but unpaid dividends divided by ($2 or the current stock price, whichever is greater) = 25.796875 / 2 = 12.9 common shares.
This not correct. the pospectus states " Units or New Tradable Securities ". In the recap they are creating new tradable securities so each pref A share holder should receive 12.9 new tradable securities, not the
6.25000 New Common Shares and 3.57143 Warrants that is being offered. That or 12.9 common shares along with the voting rights associated.