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Quarterhill Inc T.QTRH

Alternate Symbol(s):  QTRHF | T.QTRH.DB

Quarterhill Inc. is a Canada-based company, which is engaged in providing of tolling and enforcement solutions in the intelligent transportation system (ITS) industry. The Company is focused on the acquisition, management and growth of companies that provide integrated, tolling and mobility systems and solutions to the ITS industry as well as its adjacent markets. The Company’s solutions include congestion charging, performance management, insights & analytics, analytics, toll interoperability, mobility marketplace, maintenance, e-screening, tire anomaly detection, multi-modal data, intersection management, and others. Its tolling includes roadside technologies, commerce and mobility platforms, audit and enforcement, and tolling services. Its safety and enforcement comprise commercial vehicles, automated enforcement, freight mobility, smart transportation, and data solutions. The Company’s wholly owned subsidiary is International Road Dynamics Inc.


TSX:QTRH - Post by User

Comment by cabbieJBJon Jul 11, 2024 1:27pm
174 Views
Post# 36128670

RE:RE:RE:RE:Why I like QTRH

RE:RE:RE:RE:Why I like QTRHI have the idential floor number NLT $5.00

Socrates, doesnt the change of control provision in the debentures provide support for a $5.00 floor price?  
$3.80 x 1.347 = $5.12

From the debenture prospectus, page 14:

The Change of Control Conversion Price shall be calculated as follows:
COCCP = ECP/(1+(CP x (c/t))) where:
COCCP is the Change of Control Conversion Price;
ECP is the Conversion Price in effect on the Effective Date (Change of Control date);
CP (conversion premium) = 34.7%;
c = the number of days from and including the Effective Date to but excluding October 31, 2025; and
t = the number of days from and including the closing date of the Offering to but excluding October 31, 2025.

 
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