Wealth Colony paid .0069 per share...plus assumed liabilities
$2,050,000 purchase price/ 298,095,692 OS = .00687
Section 3.1. Consideration. Subject to the terms and conditions set forth in this Agreement, and in reliance upon the representations and warranties of the Parties set forth herein, at the Closing, the purchase price to be paid by Purchaser to Sellers in exchange for the Purchased Assets (the “Purchase Price”) shall be Two Million Fifty Thousand Dollars ($2,050,000) comprised of (i) cash in the amount of Two Million Dollars ($2,000,000.00), and (ii) Fifty Thousand Dollars ($50,000) non-cash value for excluding D&O Claims and Avoidance Actions from the Purchased Assets.
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