Nordicus Partners Corp (NORD)

[greasemonkeyshoes]

A new buyer can still buy the company.....
and need to pay 50% more of the $7.25 million price,or $10.8 million,until Jan 21 2020.
From the purchase agreement:
“Superior Proposal” means a bona fide written Takeover Proposal (except that, for purposes of this definition, each reference in the definition of “Takeover Proposal” to “15%” shall be “50%”) that the Board determines in good faith (after consultation with outside legal counsel and Mirus Securities, Inc.) is more favorable from a financial point of view to the Company’s stockholders than the transactions contemplated by the Asset Purchase Agreement, taking into account (a) all financial considerations, (b) the identity of the third party making such Takeover Proposal, (c) the anticipated timing, conditions (including any financing condition or the reliability of any debt or equity funding commitments) and prospects for completion of such Takeover Proposal and (d) the other terms and conditions of such Takeover Proposal and the implications thereof on the Company, including relevant legal, regulatory and other aspects of such Takeover Proposal deemed relevant by the Board.

ps-A well written and balanced contract.Kudo.