What is happening with 1.2 million options ??Does this mean options can only be excercised in month of October, if closing date is Sept 30? Is it reasonable to expect then price higher than $65 USD for that time period?
In addition, the Company has granted the Underwriters an option (the "Underwriters' Option") to purchase an additional 1,200,000 common shares of Concordia at the Offering Price per additional common share, exercisable at any time, and from time to time, in whole or in part, up to 30 days from the closing of the Offering.
Read more at https://www.stockhouse.com/news/press-releases/2015/09/24/concordia-healthcare-announces-terms-of-us-520-million-public-offering-of#zmMyecyMTThV5V2t.99