I looked over the agreement to combine the companies. 0.1673 shares of iAnthus stock for 1 MPXEF share based on closing prices on 10.17.18 which were:
iAnthus = $5.81 and MPXEF = $0.75 (price equivalent of $0.97 per share)
Closing prices on 12.28.18 were:
iAnthus = $3.99 and MPXEF= $0.63 (price equivalent of $0.67 per share)
iAnthus has about 77,160,000 shares outstanding and MPXEF has 384,880,000 shares outstanding (according to yahoo).
After the transaction will iAnthus have an additional 64,390,424 shares outstanding??
384,880,000 x 0.1673 = 64, 390,424.