VBI Vaccines Inc (VBIV): each share of VBI common stock will be c...

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Re: riotmaker post# 198

Tuesday, 10/27/2015 11:09:07 AM

Tuesday, October 27, 2015 11:09:07 AM

each share of VBI common stock will be converted into the right to receive 20.808356 common shares of SciVac (the “Exchange Ratio”).
that brings a 2.70 price to our .13

unless i'm really missing something.

http://www.sec.gov/Archives/edgar/data/764195/000149315215005008/ex99-2.htm

And we'll be changing our name to VBI as well. Interesting. Just need to make it back over 2.70 some day. smile

VBI stockholders will receive approximately 541,573,712 common shares of SciVac, representing approximately 42% of the issued and outstanding shares and voting power of the combined company after giving effect to the Merger.

Wow. I hope I'm reading something wrong.

Total issued and outstanding Common Shares as at Record Date: 756,599,439
http://www.sec.gov/Archives/edgar/data/764195/000149315215004613/ex99-1.htm

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