In a nutshell Norm Worthington wants to minimize the tax owed by fast tracking the future share issuance to Star2Star/Starblue. When a company gets sold, this automatically triggers a capital gain to the seller if the shares are valued above the original cost base. When the share price is depressed,Norm Worthington pays less tax when he receives/sells his shares. His capital gains will be lower. If the share prices rises in 2024/2025, then Norm Worthington would owe more taxes because of the previous "future share issuance" agreement in place. He does not want that. If he receives the shares today, he will pay less taxes overall.
This is a great tax strategy considering the depressed value in its shares today.
How will this impact Sangoma shareholders?
Well, we would have more liquidity which could be a good sign if institutional investors by them up. On the flip side, if S2S shareholders are selling, then this puts downward pressure on the share price unless it is offset by large buyers.