Another 9,6m in shares was never disclosed
Added:
On October 1, 2022, Tenet acquired Jiangsu Steel Chain Technology Co., Ltd. (“Linksteel”), a steel trading platform in China. As compensation for the acquisition, the Company agreed to pay the sellers a total of up to $9.6M payable in Common Shares of Tenet on a quarterly basis over a period of thirty-six months, contingent on achieving additional net profit targets for each applicable quarter.