Gordon Pointe Acquisition (Warrants) (GPAQW)

[trademax42]

For the GPAQ common stock, it's stated:

Upon completion of the Business Combination, (i) each issued and outstanding share of GPAQ Class A common stock (excluding any shares held by a GPAQ stockholder that elects to have its shares redeemed pursuant to GPAQ’s organizational documents) will be converted automatically into the right to receive 1.421333 shares of Holdings Common Stock, following which all shares of GPAQ Class A common stock shall cease to be outstanding and shall automatically be canceled and shall cease to exist;

https://www.otcmarkets.com/filing/html?id=14200850&guid=HnGFUnncHe-8cth#DEFR14A30620_GORDONPOINTE_HTM_T25

Page 159.

GPAQ Class A common stock gets 1.42 shares of Holding common stock. So if I have 10,000 GPAQ commons, they can be converted into 14200 shares of the Holding Common stock. Help me out if I'm reading this right. Anyone?

Does the same concept and ratio apply to GPAQW? Anyone?

$GPAQW

Just my opinion of course.