Post by
Will999 on Oct 05, 2020 10:04am
Question re Payment
Assuming the current offer of $2.60 is accepted and all goes well, what is your best estimate of when funds would be received by a stockholder? With a current trade of $2.59 trying to figure out if it's worth waiting.
Comment by
lscfa on Oct 05, 2020 10:52am
The hearing date for the application for the final order of the Ontario Superior Court of Justice (Commercial List) is scheduled for October 29, 2020 . Assuming timely receipt of all necessary court, Pivot Shareholder and third-party approvals and the satisfaction of all other conditions, closing of the Arrangement is expected to occur in early November 2020.
Comment by
Will999 on Oct 05, 2020 11:02am
Thanks, may sell a few in advance of Nov.