Wednesday, November 29, 2023 6:02:46 PM
Just to confirm, based on your chart, but using different numbers, assume I have the following:
ITUP shares
2000 ITUP shares
IREEM/Cow Capital (purchased at $90 for 1 unit/600 shares)
6 units/3600 SPAC sponsor shares
To purchase the maximum amount of tokens I'm eligible for I would need to send:
ITUP shares
2000 * 3 = 6000 (number of ITUP shares * 3 verticals)
$60 (6000 * 0.01)
ITUP shares into IREEM
2000 * 0.04 = 80 (4% of stock quantity)
80 * 6.666 = 533 (6.666 shares)
533/3 = 178 (against 3 shares)
178*2 = 356 (2 tokens)
356 * 3 = 1068 (3 verticals)
$10.68
IREEM/Cow Capital (purchased at $90 for 1 unit/600 shares)
3600/3 = 1200 (for every 3 shares)
1200*2 = 2400 (2 tokens offered)
2400 * 3 = 7200 (3 verticals)
$72 (7200 * 0.01)
Total to send:
60 + 10.68 + 72 = $142.68
Then the dividend on 12/22/2023 would be:
6000 + 1068 + 7200 = 14268 (total tokens in example above)
14268 * 2/3 = 9512 (only 2 of the verticals are paying a dividend in December of this year)
0.075 * 9512 = $713.4
Could you please confirm the above is correct?
Thank you again for all your help.
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