BLACKROCK Municipal Income TRUST V.BFK.P

Primary Symbol: BFK

BlackRock Municipal Income Trust (the Fund) is a diversified closed-end management investment company. The Fund's investment objective is to provide current income exempt from federal income taxes. Under normal market conditions, the Fund invests at least 80% of its managed assets in investments the income from which is exempt from federal income tax (except that the interest may be subject to the alternative minimum tax). The Fund may invest directly in securities or synthetically through the use of derivatives. The Fund's investment policies provide that it invests at least 80% of its total assets in investment grade quality municipal obligations issued by or on behalf of states, territories and possessions of the United States and their political subdivisions, agencies or instrumentalities, each of which pays interest that, in the opinion of bond counsel to the issuer, is excludable from gross income for federal income tax purposes. Its investment adviser is BlackRock Advisors, LLC.

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BLACKROCK Municipal Income TRUST > HEXO / Tilray Pricing Post 14 R/S

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Comment by Spectra7on Dec 23, 2022 11:27am

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Post# 35189529

RE:HEXO / Tilray Pricing Post 14 R/S

quinlash wrote:
Now that we have the share consolidation behind us the next numbers for Tilray / HEXO buyout would look like this.

The 2021 Buyout offer of $3 per share would now be $3 x 14 = $42

The Strike Price on the Tilray debentures in HEXO is $.90 x 14 = $12.6

The value of each debenture was noted as .$.40 x 14 = $5.60

The above is my understanding of how the consolidation will be be applied to each value. Anyone who can back up something different then feel free to post evidence to the contrary.

Best Regards

Q