TSX:SOT.DB - Post by User
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MARKOPOLISon Oct 24, 2022 8:24am
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Post# 35043102
underwriters love this easy fees from Slate
underwriters love this easy fees from Slate In connection with the Offering, the Underwriters are entitled to a cash commission equal to 3.75% of the gross proceeds of the Offering, including any Additional Debentures sold pursuant to the exercise of the Over-Allotment Option.
$45 million times .0375 equals $1,687,500.00
plus the great 7.5% notes converts to 5.50
VOTE FOR ARMOYAN