Emblem Cannabis (EMC)

[growacet]

If you own stock in Emblem......

Post merger. for every share of Emblem that you own you will receive 0.8377 of an Alephia common share. Put another way, for ever 1,000 shares of Emblem you own prior to the merger, you will own 83.7 shares of the new company, but I'm not sure how fractional shares will be handled.

The newly merged company will trade under the symbol ALEF, eventually to be listed on Canada's main TSX Exchange as opposed to the current Venture Exchange listings.

Right now EMC.V is trading at $1.86 CDN while ALEF.V is trading at $2.29 which means that currently a share of EMC is worth 81.2% of an ALEF share.

I'm thinking it'll be either Friday or next week that everything will be settled, and then we'll see what ALEF trades at.....the current $2.29 would be a nice bump for those whose EMC shares convert....have to wait and see though.

Let's say you own 10,000 EMC shares, they're worth $18,600 currently. After conversion the 10,000 shares is reduced to 8,3777 but at $2.29 the value would be $19,183.33...but again, we'll have to see how it plays out afer the merger is completed.