Post by Abedim15on Apr 13, 2026 12:53pm
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Post# 36965284
Falcon TBN transaction
Falcon TBN transactionThe 14% of Falcon shares belonging to the sanctioned Russian citizen amount to approx 156M shares. They apparently were not included in calculating the value of each Falcon share based on the cash that TBN was putting out. The court approved the deal but in essence told the parties figure out how the 156 M shares are addressed. The expectation is that one day the sanctions come off and the guy/company get back their shares. So what are the chances that -A) the amount paid out by TBN remains the same and therefore each Falcon shares is no longer worth 00687..or B) TBN sweetens things so that there isn’t too much dilution……. Does anyone know how the 156M shares were addressed in the deal. I can’t imagined they were just ignored. How difficult a mess is this to sort out…the next deadline is April 30th….. in other word do I buy more or just leave well enough alone