Sir Royalty Income Fund T.SRV.UN

Contingent Earn-out?

[BlueJay2020]

Just wondering if there would be any possibility of, or shareholder interest in, a contingent offer which includes cash up-front and then an earn-out clause which provides for additional consideration if and when certain targets are met?

That would allow current shareholders participating in some upside for a certain period, but allows SIR (or another buyer) to get their hands on the shares now, without paying a large amount upfront.

Let's say, for the sake of argument, $5 now and a max of $3 spread over the next 5 years.