TSXV:NYX.DB - Post by User
Post by
JimTorontoon Nov 01, 2016 9:26pm
146 Views
Post# 25413441
Game 360 Earnout
Game 360 Earnout Game 360 Earnout
The Company announced today that it has issued 1,223,370 NYX ordinary shares, at a $2.06 price, representing 50% of the earn out payment where the final purchase price was €4.7 million (included the €1.0 million upfront payment made in May 2015) representing 6.4x Adjusted EBITDA for 2015. The remaining 50% or €1.7 million will be paid in cash during the 3rd quarter of this fiscal year from existing cash on hand.
https://web.tmxmoney.com/article.php?newsid=4541945874360935&qm_symbol=NYX