Tuesday, July 25, 2023 3:26:29 PM
it is $AAPT/news/KUORA-INC-Nevada-And-ICON-MEDIA-HOLDINGS-INC-Nevada---ACQUISITION-TRANSACTION?id=385506
The purchase price for the acquisition is US$125,087,937 dollars which is based on the closing price of AAPT on May 12th, 2022, assuming all Preferred Stock have been converted into Common Stock. May 12th was the date before the CE was designated on AAPT.
The purchase price will be paid by issuance of ICNM stock to AAPT based on the closing price of ICNM common stock on Dec 23rd, 2022, being the closest date to the date of the Agreement.
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