InvestorsHub Logo
Followers 5
Posts 237
Boards Moderated 0
Alias Born 03/08/2018

Re: Johnk59 post# 8057

Tuesday, 12/22/2020 9:12:22 AM

Tuesday, December 22, 2020 9:12:22 AM

Post# of 8412
Okay looks like AYRWF based on this:


Terms of the Transaction:

The Transaction will be effected by way of plan of arrangement under the Business Corporations Act (British Columbia). Under the terms of the Arrangement, shareholders of Liberty will receive 0.03683 of a subordinate voting share or restricted voting share ("Ayr Shares") for each Liberty Share held (the "Exchange Ratio"). Notwithstanding the foregoing:

-- if the 20-day volume weighted average price ("20D VWAP") of Ayr Shares
immediately preceding the 3rd business day prior to the closing of the
Transaction (the "Ayr Closing Price") is below $27.15 but greater than or
equal to $23.08, the Exchange Ratio will be calculated as $1.00 divided
by the Ayr Closing Price; and

-- if the Ayr Closing Price is less than $23.08, the Exchange Ratio will be
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.