Monday, January 31, 2022 2:10:32 PM
Pursuant to the Purchase and Sale Agreement, the total consideration for the purchase of the Sale Shares payable by the Buyer to the Seller in cash as follows:
(a) $47.50 million (Canadian Dollars) (approximately US$37,402,000 on the Completion Date) to be paid on or prior to on the date that is one hundred twenty (120) calendar days after the Completion Date (or if such date is not a Business Day, the next Business Day following such date) (the “Initial Payment Deadline”); and
(b) $16.5 million (Canadian Dollars) (approximately US$12,992,000 on the Completion Date) additional penalty if the Consideration is paid after the Initial Payment Deadline, but no later than a date that is two hundred forty (240) days after the Initial Payment Deadline (the “Final Payment Deadline”).
In the event that the Consideration has not been paid (the “Non-Payment Event”) on the date of either:
Harmel S. Rayat had invested approx $30,000,000 so he has a nice profit.
Recent WNDW News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 07/15/2024 08:55:36 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 03/05/2024 08:09:15 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 01/12/2024 08:48:19 PM
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 11/21/2023 10:23:19 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 10/10/2023 08:25:31 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 10/10/2023 08:23:16 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 10/10/2023 08:21:19 PM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM