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Bullboard - Stock Discussion Forum Chrysalis Capital IX Corporation V.NYN.P

TSXV:NYN.P - Post Discussion

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Post by gettin2 on May 01, 2015 7:34pm

is this correct

294,690,110 Resulting Issuer Shares will be outstanding, and approximately 183,956,844 Resulting Issuer Shares will be reserved for issuance pursuant to convertible securities of the Resulting Issuer.


So nearly 470 million shares in total
Comment by NaturalNine on May 01, 2015 9:06pm
Take a look at their management information circular on sedar. Seems to indicate they will consolidate 20:1. Can anyone better versed at these confirm?  Would make sense to me 400m is a lot. 20m makes way better sense. 
Comment by NaturalNine on May 01, 2015 9:53pm
Note it reads UP TO 20 to 1.  (b)  a special resolution approving the consolidation of the common shares in the capital of the Corporation by a ratio of up to 20:1; (c)  a special resolution authorizing the board of directors to amend the name of the Corporation to “Inspira Financial Ltd.”, or such other name as may be accepted by ...more  
Comment by BaystreetBrian on May 02, 2015 6:54am
NOTICE IS HEREBY GIVEN that an annual and special meeting (the “Meeting”) of the holders of the common shares (collectively, the “Shareholders” or individually, a “Shareholder”) of Chrysalis Capital IX Corporation (the “Corporation”) will be held at the offices of Aird & Berlis LLP, Brookfield Place, Suite 1800, 181 Bay Street, Toronto, Ontario, M5J 2T9 on Friday, May 22, 2015 at the hour of ...more  
Comment by ForesstGump on May 02, 2015 7:13am
This post has been removed in accordance with Community Policy
Comment by thedave2006 on May 02, 2015 7:27am
when? before it IPOs or afterwards? cheers, dave.
Comment by ForesstGump on May 02, 2015 8:04am
This post has been removed in accordance with Community Policy
Comment by NaturalNine on May 02, 2015 11:45am
They will vote at shareholders meeting on May 22. See if it passes and what ratio they consolidate at. 
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