Seaboard Corp V.SEB

Primary Symbol: SEB

Consumer Defensive Packaged Foods

Seaboard Corporation is primarily engaged in hog production and pork processing; commodity trading and grain processing; cargo shipping services; sugar and alcohol production, and electric power generation. Its segments include Pork, CT&M, Marine, Sugar and Alcohol, Power and Turkey. Pork segment primarily produces and sells pork products to further processors, foodservice operators, distributors and grocery stores. CT&M segment is engaged in agricultural commodity trading, processing and logistics business. Marine segment provides cargo shipping services in the United States and 27 countries in the Caribbean and Central and South America. Sugar and Alcohol segment operates an integrated sugar and alcohol production facility in Argentina. Power segment uses two power-generating barges for its operations: Estrella Del Mar II and Estrella Del Mar III. Turkey segment operates Butterball, which is an integrated producer and processor of conventional and antibiotic-free turkey products.

NYSEAM:SEB - Post by User

Seaboard Corp

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Post by LOOKINGOODon Nov 05, 2019 5:21pm

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Post# 30312648

hello, dilution my old friend

There are currently 165,760,699 Shares issued and outstanding. The Strategic Investor currently does not own or control any Shares; however, if the Strategic Investor were to convert the principal amount of the Debenture to be issued to it pursuant to the Financing, then the Strategic Investor would beneficially own or control, directly or indirectly, 80,000,000 Shares, representing approximately 32.6% of the then 245,760,699 issued and outstanding Shares.

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Advancing an underexplored area of the Yukon with the same geology as B.C’.s Golden Triangle