Thank you, Ken. So Spectrum will pay aggregate upfront cash consideration in connection with the closing of this acquisition of approximately $11.3 million to Talon stockholders and 3 million shares of its common stock in exchange for all the outstanding indebtedness under Talon's credit facility.
did this mean WP and dearfield will get the 3 million shares so no more shars will get to the market. if it is like this we got near 221 million shares and The CVRs if all goes good could be worth up to $195 million, which, even with 201.8 million shares outstanding equals $0.97 per share.