TSX:SGR.UN - Post by User
Comment by
maypeterson Apr 02, 2021 2:52pm
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Post# 32932508
RE:RE:Receipts begin trading today
RE:RE:Receipts begin trading todayNo you do not. If the Escrow Release Conditions are not satisfied or deemed to be satisfied by September 30, 2021, or the Acquisition is terminated at an earlier time, or the REIT announces by press release that it will not proceed with the Acquisition (each, a “Termination Event”), the gross proceeds of the Offering and pro rata entitlement to interest earned or deemed to be earned on the Subscription Receipts, net of any applicable withholding taxes, will be paid to holders of the Subscription Receipts and the Subscription Receipts will be cancelled. Albertaproud wrote: Question. If the deal does not close do you also lose the distribution that was accruing?