Wednesday, September 16, 2020 4:24:41 AM
This is before closing
Outstanding shares of VRTY are 127,333,060
The receiver get 90% of the outstanding shares, which is 114,599,754...on page 6, these were already issued on 8/27/2020...this is ALREADY DONE...means the float is 12,733,306 as of today.
After closing..
Each HSH holder gets 127.33306 shares of the new HSMG/VRTY for get each share of HSH. That are non assessable for a period of time
Means outstanding shares goes from 127,333,060 to 1,273,330,060. The receiver goes from 90% to 9% (page 5-6) of the outstanding
Authorized is 1,400,000,000 per the new articles of incorporation. Meaning almost maxed out after closing.
Float will still be
Float
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