EBET Inc (EBET): $EBET On Buyout, if it goes that way ins...

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EBET Inc (EBET)

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Re: infamous post# 3978

Sunday, 03/31/2024 8:55:49 PM

Sunday, March 31, 2024 8:55:49 PM

$EBET On Buyout, if it goes that way instead of a settlement, did you know the CEO and CFO will get .95% Bonus of said buyout amount?

For Example: $300Mil Buyout they each get about $3Mil and $500Mil Buyout they each would get about $5Mil each.

Just since you had an earlier concern that they haven't been doing insider purchases lately(which I responded as they most likely couldn't even if they wanted to right now, as insider info may not let them since this is in litigation(the lawsuit that is currently going on).

Here it is in these filings:
"Transaction Bonus: Employee shall be entitled to a transaction bonus equal to 0.95% of proceeds from any merger, sale or change of control transaction entered by the Company"
CEO: https://fintel.io/doc/sec-ebet-inc-1829966-ex104-2023-august-14-19583-6283
CFO: https://fintel.io/doc/sec-ebet-inc-1829966-ex105-2023-august-14-19583-8992

Bullish

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Recent EBET News

Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/20/2024 09:05:05 PM
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Form SC 13G - Statement of acquisition of beneficial ownership by individuals • Edgar (US Regulatory) • 02/15/2024 01:22:59 AM
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Form 10-K/A - Annual report [Section 13 and 15(d), not S-K Item 405]: [Amend] • Edgar (US Regulatory) • 01/29/2024 09:00:12 PM
Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 01/12/2024 09:09:15 PM
Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/04/2024 02:30:23 AM
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Form 8-K - Current report • Edgar (US Regulatory) • 09/19/2023 08:30:12 PM
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Form 8-K - Current report • Edgar (US Regulatory) • 08/21/2023 12:30:08 PM
Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/14/2023 01:25:31 PM
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