InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
5,408.42
(
-1.73%
)
US TECH 100
17,870.94
(
-3.09%
)
Dow Jones
40,345.41
(
-1.01%
)
Brent Oil
70.89
(
-0.71%
)
Bitcoin
54,014.34
(
0.11%
)
Post# of 31087
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (4) Keep Next 10 Report Keyboard Shortcuts
Replies (4) Next 10 Prev Next

KelliBlue

Send PM Follow Ignore
Followers 62
Posts 2186
Boards Moderated 0
Alias Born 07/20/2017

KelliBlue

Re: robtewms post# 15916

Sunday, 10/08/2017 5:31:52 PM

Sunday, October 08, 2017 5:31:52 PM

Post# of 31087
“Assuming a successful inspection and evaluation, the aircraft will be acquired utilizing TMPS common shares. TAS expects to issue to the Seller approximately 6,730,769 shares at a value of $0.52 per share.”

Does this mean Tempus will be issuing approximately $3.5 million worth of shares, and the $0.52 was an estimate value per share at the time of the press release? Would these shares be restricted or immediately available for sale on the market?

A: $3.5 million of shares priced at $0.52 will be issued upon closing.
Public Reply Private Reply New Post
Keep Last Read
Replies (4) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (4) Next 10 Prev Next
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up