Emergent Health Corp (EMGE)

[powerbattles]

In Section 1.02 (c), it describes the result of the exchange: KOAN shall acquire the EMGE Equity Interests.
These are the common financial terms. Equity interest, interest, compound interest...The keyword after Equity Interest is the word ALSO....people get confused because they don't fully understand finance languages.

When we refer to “EMGE Equity Interests”, it refers to the transfer of ownership in EMGE. The ownership or financial stake in a company. These interests include both preferred and common shares. These securities can include common stock, preferred stock, bonds, warrants, and other financial instruments.

(c) As the result of the Exchange, (i) KOAN shall acquire the EMGE Equity Interests, also as set forth on the Exchange Schedule on Schedule I, attached hereto, and EMGE shall become a majority owned subsidiary of KOAN and (ii) the EMGE Preferred Shareholders shall have received the KOAN Exchange Shares.

https://www.otcmarkets.com/filing/html?id=17305421&guid=-6d-kK8gFBizlLh#ex2-1_htm