HLOSF: Plan of Arrangement. Pursuant to the Arrangement, Sendero will issue approximately 20,000,000 Sendero Units to the former shareholders of Halo. Each Halo shareholder will receive Sendero Units in exchange for the Halo shares held on the basis of 0.689553 of a Sendero Unit for each 1 (one) Halo share held. Whenever the exchange results in a fractional Sendero Unit, the number of Sendero Units will be rounded down to the nearest whole Sendero Unit.
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