“ after the esl bid is approved (hopefully) and the transaction is closed, Transform Holdco (new sears) will be off and running, “
This is why I think that any new Holdco Common Shares to be issued to SHLDQ Stockholders has to be included in the 363 Sale - “ Securities Consideration “.
It doesn’t make any sense to me that Holdco will issue new Common Shares outside of what is owed in the 363 Sale.
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