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Re: None

Friday, 05/08/2020 9:25:36 PM

Friday, May 08, 2020 9:25:36 PM

Post# of 1455
Upon consummation of the Merger, we issued to Holdings an aggregate of 8,189,490 shares of our common stock. The aggregate value of the consideration issued to Holdings in exchange for the equity of Stratos is approximately $61.2 million as follows:


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$20.0 million in convertible debt


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$16.6 million in assumed debt


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$24.6 million in equity (8,189,490 shares of our common stock valued at $3 per share)

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