Saturday, March 11, 2023 7:29:35 PM
The letter I received from Fidelity told me the "Fidelity Cutoff Date" to redeem GXII shares for $10.14 each was 3/10/23. This is because processing each redemption unit takes 3-4 business days. The GXII shareholder vote is 3/15/23. I've already voted yes for all the GXII shares I own. I don't get to vote for the GXIIW (warrants), those automatically convert to NioCorp warrants if the merger is approved by GXII shareholders on 3/15/23. I assume the GXIIW to NioCorp warrant conversion is on 3/15/23 or soon thereafter.
So one way or another all GXII share redemptions occur before the vote on 3/15/23.
Recent NB News
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