Niocorp Developments Ltd (NB)

[ColdDarkHole]

The final number of shares will affect the pre-split price and what our ratio will need to be to hit the target nasdaq price. In essence the dilution affects the split, not the split affects the dilution. With every new share issued it lowers final pps and modifies split ratio. We of course hope for a high pps going into the transaction to help alleviate that as shares are created in the combination.

We wont know any of those numbers till we see what shakes out. We dont know redemptions or price target for nasdaq. If you have more insight on that process that would be great. There may be a concept I am misinterpreting in my research.