OTCPK:INPCF - Post by User
Post by
schocoron Dec 15, 2020 10:47am
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Post# 32108491
Weird - $1.12/share?
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.