SOL Global Investments Corp SOLCF

Primary Symbol: C.SOL

Healthcare Biotechnology

SOL Global Investments Corp. is a Canada-based diversified international investment and private equity holding company, which is engaged in investing in small and mid-cap sectors. SOL Global provides growth capital to small and mid-sized businesses. The Company’s investments range from minority positions to strategic holdings with active advisory mandates with an objective of providing shareholders with a long-term return through capital appreciation, dividends, and interest from its investments. The Company’s business segments include Retail (QSR & Hospitality), Agriculture (including Cannabis), Technology (with a focus on Clean-Tech and Electric Vehicles), Esports and Gaming, and New Age Wellness.

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SOL Global Investments Corp > Question Damon Motors going public.

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Post by zzcomicon Nov 09, 2023 11:15am

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Post# 35726151

Question Damon Motors going public.

So Damon motors announced that it's going public via reverse takeover with Inpixon. Damon estimated at $225-$284 million. Lets just say $250mm. Inpixon market cap is a little over $10mm. So if they join together ( approx $260mm ) and go public, Damon gets 81.25% of new company and Inpixon gets 18.75%..... So why is Damon putting in 96% of the value to only get 81% of the resulting company. Also House of Lithium..... If SOL put all their shares of Damon, Tevva into HOL to form the company, why do they only own about 62% of the company...... WHO owns the other 38% and wtf did they put into the company. Their press release states they "contrubuted" their shares into HOL.... No answers from the company on either question.....

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