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.