They will dilute NMCH shares with this type of split.
1/2 of the dilution will got to NMKT since they have an antidilution clause. 1/4 will go to the private placement with some warrants 1/4 will go to share holders as dividend. I have no idea what the exact split will be and what will be the percentage of dilution but they will accomplish their 3 goals with this kind of deal.
1. No dilution of NMKT and maintain at least 51% of NMCH 2. Distribution of dividends 3. Cash for NMCH to grow
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