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Bullboard - Stock Discussion Forum NYX GAMING GROUP LTD 11 PCT DEBS V.NYX.DB

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TSXV:NYX.DB - Post Discussion

NYX GAMING GROUP LTD 11 PCT DEBS > Game 360 Earnout

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Post by JimToronto on Nov 01, 2016 9:26pm

Game 360 Earnout

Game 360 Earnout

The Company announced today that it has issued 1,223,370 NYX ordinary shares, at a $2.06 price, representing 50% of the earn out payment where the final purchase price was €4.7 million (included the €1.0 million upfront payment made in May 2015) representing 6.4x Adjusted EBITDA for 2015. The remaining 50% or €1.7 million will be paid in cash during the 3rd quarter of this fiscal year from existing cash on hand.

https://web.tmxmoney.com/article.php?newsid=4541945874360935&qm_symbol=NYX

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Comment by NYCJohn on Nov 01, 2016 9:34pm

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