SSC Security Services Corp INPCF

Primary Symbol: V.SECU Alternate Symbol(s): SECUF

Industrials Security & Protection Services

SSC Security Services Corp. is a national provider of cyber, physical and electronic security services to corporate and public sector clients across Canada, through its subsidiary, Logixx Security Inc. The Company's segments include Security Services, Legacy Operations, and Corporate. The Security Services segment provides security services to primarily commercial and public sector clients. Services include cybersecurity services, protective services as well as security system design, sales, installations, and monitoring and alarm response. Under cybersecurity services, it provides managed security services (MSS), vulnerability and risk analysis, cybersecurity consulting services, CISO consulting, and others. Under physical security services, it provides on-site security guard, remote continuous camera monitoring, mobile patrol and investigative services. Under electronic security services, it designs, builds, installs, and monitors electronic security systems for corporate clients.

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SSC Security Services Corp

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Post by schocoron Dec 15, 2020 10:47am

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Post# 32108491

Weird - $1.12/share?

I couldn't get past this paragraph before I had to stop and say " HUH?!?!" - $1.12/share eh? Okay Acquisition Terms Pursuant to the Purchase Agreement, Input will acquire all the SRG Shares for a total purchase price of approximately C$19,900,000 (the "Purchase Price"), as adjusted on a dollar-for-dollar basis for positive or negative net working capital of SRG. Half of the Purchase Price will be satisfied by the issuance of 8,883,930 common shares of Input ("Input Shares") at a deemed value of C$1.12 per Input Share for an approximate total value of C$9,950,000. The remaining 50% of the Purchase Price will be paid in cash. Any closing net working capital adjustments to the Purchase Price will be made only in cash.

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