Form F-3 Resale Registration Statement Definitely an acceleration in issuance that should simplify things going forward.
Definitely an indication of Bill Worthington's intentions.
"As consideration for the Acquisition, Sangoma will issue an aggregate of 110,000,000 common shares in the capital of Sangoma (the “Sangoma Shares”) at a deemed price of CAD$4.17 per share based on yesterday’s closing price of Sangoma Shares, "
It would seem to me based on the above - no financial changes.
“We believe that accelerating the issuance of Sangoma Common Shares to be contractually issued to the StarBlue Sellers is in the best interests of the Company for a number of reasons, including simplifying the Company’s market capitalization calculation,” said Mr. Worthington. “While I intend to sell a limited number of Common Shares for tax purposes, I anticipate that immediately following such sales I will continue to hold at least 15% of the Common Shares of the Company, and intend to remain a long-term substantial shareholder.” In addition to the Common Shares Mr. Worthington has been and will be issued pursuant to the terms of the Purchase Agreement, Mr. Worthington has purchased an additional 86,900 Common Shares on the open market over the last few weeks, further increasing his ownership in the Company."