Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bullboard - Stock Discussion Forum A & W Food Services of Canada Inc AWFDF


Primary Symbol: T.AW

TSX:AW - Post Discussion

A & W Food Services of Canada Inc > Newco shares were oversubscribed
View:
Post by Imajined on Oct 15, 2024 5:54pm

Newco shares were oversubscribed

As per the earnings call, if you asked for all cash you are getting all cash.  If you asked for all shares you are getting 2% cash and the rest in share.  If you asked for the split you are getting the split.
Comment by SidelineSitter on Oct 16, 2024 1:49pm
So, what happens if you did not put in a preference? SS
Comment by Imajined on Oct 16, 2024 8:05pm
If an election was not made you were deemed to have elected the share consideration, which was subject to proration so you will receive 2.7% in cash and the rest in shares of the new company.
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities