Sphere 3D Corp. (ANY): Anyone,... Am thinking about buying s...

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Re: JB3729 post# 8648

Wednesday, 07/23/2014 10:43:41 AM

Wednesday, July 23, 2014 10:43:41 AM

Anyone,...

Am thinking about buying some OVRL,.. what is the conversion to future ANY shares,... is it 50% or %54,..?

Thanks

OK,...found it:

According to the news release, the merger agreement calls for Overland to exchange all outstanding common shares with Sphere 3D at a rate of one common Overland share for 0.510594 Sphere 3D common share, giving Overland shareholders an approximate 28.8% ownership in Sphere 3D on a fully diluted basis.

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