Emblem Corp EMMBF

How Does the Math Play Out?

[fixer8888888888]

I've got an email out to IR from Aleafia for clarification, but in the meantime my take is that if shareholders vote this merger in, we as existing shreholders will get .8377 shares of the newly merged company.  The value of those restructured shares is based on the closing price of ALEF on December 18 whcih was 1.44 so essentially we will net 1.21 based on the premium Aleafia is paying to complete the transaction.  EMC closed at .95 on the 18th.

Therefore if someone was holding 10k shares that would convert ot 8,377 shares which would equal a cash value of $10,136.17..........Anyone agree with my understanding or am I missing something?  If you had to sell any portion of those shares, the true value of course would be subject to the stock price of the newly formed company.