Post by
BlueJay2020 on Jan 31, 2021 11:57am
Contingent Earn-out?
Just wondering if there would be any possibility of, or shareholder interest in, a contingent offer which includes cash up-front and then an earn-out clause which provides for additional consideration if and when certain targets are met?
That would allow current shareholders participating in some upside for a certain period, but allows SIR (or another buyer) to get their hands on the shares now, without paying a large amount upfront.
Let's say, for the sake of argument, $5 now and a max of $3 spread over the next 5 years.