RE:RE:RE:RE:RE:RE:Buy it at market... it's going to run hard!Txn explained:
- You will get 1.002 shares of Cubic Farms for each share of Bevo Agro that you currently own. These will be placed in your brokerage account upon deal close (end of this month) and be freely traded.
- The total # of Cubic Shares owned by all Bevo shareholders represents about 41% of the total ownership in Cubic.
***See slide 2 here for a full visual explanation: https://www.zenabis.com/docs/cubicfarms-presentation.pdf
- Your Bevo shares will automatically convert to Zenabis shares, and the total number of shares outstanding will go from 27m current shares (the Bevo shares) to ~186m shares of Zenabis (the increase representing the current shares of SunPharm). The total diluted shares will be ~217m.
***See slide 25 for a summary of the combined capitalization: https://www.zenabis.com/docs/zenabis-presentation.pdf
- In effect, when you buy or own shares of Bevo today, you own a stake in BOTH future Zenabis and Cubic (they are trading "together" currently).
- After the Bevo/SunPharm merger transaction closes (forming Zenabis), Zenabis and Cubic will be separate publicly traded companies operating and trading independently.
Any further questions?