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cabel

07/23/14 10:43 AM

#8649 RE: JB3729 #8648

Anyone,...

Am thinking about buying some OVRL,.. what is the conversion to future ANY shares,... is it 50% or %54,..?

Thanks

OK,...found it:


According to the news release, the merger agreement calls for Overland to exchange all outstanding common shares with Sphere 3D at a rate of one common Overland share for 0.510594 Sphere 3D common share, giving Overland shareholders an approximate 28.8% ownership in Sphere 3D on a fully diluted basis.