Send PM
Followers 68
Posts 2691
Boards Moderated 1
Alias Born 09/12/2011

Re: None

Thursday, 01/20/2022 3:54:35 PM

Thursday, January 20, 2022 3:54:35 PM

Post# of 105
At close of business on January 21, 2022, the Units of NVACU were split as follows:

Before COB on 1/21/2022:

NVACU = the "Unit", which consisted of 1 share, 1/2 warrant, and 1/10th Right

After COB on 1/21/2022:

NVAC = Common Share

NVACW = A Warrant, 1 Warrant issued for every 2 units owned, no warrants for a single (or odd numbered) unit, warrants are for the future purchase of a share of NVAC @ $11.50, regardless of the market price.

NVACR = Rights, 1/10th of a Right issued for every unit. Apparently, there will be shares issued in 10ths, as I have not seen a restriction as to ownership of fractions of units in lots less than 10 units. The Right is for 1/10th of a common share upon the successful consummation ("joining") of a business relationship.

By buying units in lots of 10, an investor will not lose in the case of a half warrant (since the units purchased are in even numbers), AND the investor will NOT wind up with any fractional shares upon business consummation.

Please note that my posts are for discussion only. They should NOT BE CONSIDERED AS ADVICE FOR YOUR OWN PERSONAL INVESTMENT CHOICES. ALWAYS do your own DD and feel free to question or validate my posts at anytime.

Day Range:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 2M
  • 3M
  • 6M
  • 1Y
  • 2Y
  • 3Y
  • 5Y

Branded Legacy, Inc. Signs Joint Venture To Add Additional $300,000 a Year In Revenue BLEG Nov 23, 2022 11:10 AM

Clearmind Announces Initiation of CMND-100 Manufacturing Program to Address its Upcoming Clinical Trial CMND Nov 23, 2022 9:50 AM

Branded Legacy, Inc. Gets Approval From State to Reduce Authorized Common Shares by 300 Million BLEG Nov 22, 2022 1:15 PM

Defiance Resumes Drilling In Zacatecas DNCVF Nov 22, 2022 11:53 AM

InnerScope Hearing Technologies (OTC: INND) Announces its HearingAssist Brand of OTC Hearing Aids on INND Nov 22, 2022 11:52 AM

ECRID Offers Federal Housing Finance Agency (FHFA) Credit & Lending Platform to Immediately Assist Low-Credit and No-Credit Home Buyers, and Others ECDD Nov 22, 2022 11:51 AM

BioLife Sciences Inc. (OTC:PK BLFE) is Pleased to Announce Its Q1 2023 Slated Release of Its Copper-Infused Fabric Pot Prototype BLFE Nov 22, 2022 11:50 AM

Fission 3.0 Hits Off-Scale Radioactivity in New Discovery on PLN A1 Conductor FUU Nov 21, 2022 11:05 AM

Perpetual Industries Reports Strong Third-Quarter PRPI Nov 21, 2022 8:00 AM

Nextech AR Solutions Corp. Reports Record Q3 Sequential Growth As 3D Modeling Revenue Surges +192% and Gross Profit Margin Improves To +60% NEXCF Nov 17, 2022 7:03 PM

AgriFORCE Receives Notice of Allowance Related to its FORCEGH+ Facility from the United States Patent and Trademark Office AGRIW Nov 17, 2022 9:06 AM

Organicell Starts Enrolling Long COVID Trial OCEL Nov 17, 2022 8:38 AM

Mullen Announces Funding to Close on ELMS Assets MULN Nov 17, 2022 8:30 AM

Maison Luxe Reports Revenues of Approximately $3.7 Million for the Quarter Ended September 30, 2022 as Compared to Approximately $2.7 Million for the Quarter Ended September 30, 2021, an increase of over 35% MASN Nov 17, 2022 8:19 AM

SKYX Wins Consumer Electronics Show (CES) 2023 Innovation Award for Smart Home Category for Smart Sky Ceiling Plug SKYX Nov 17, 2022 8:07 AM