News Focus
News Focus
icon url

was CUIN2

04/17/19 2:13 PM

#141850 RE: streamingeagle88 #141849

The acquisition 1) was a separate event from the offering 2) and the NASDAQ up list 3).

My guess is an 8k will come.
icon url

roughrider1234

04/17/19 2:13 PM

#141851 RE: streamingeagle88 #141849

Sound Concepts Shareholders purchased an aggregate of $4,000,000 of unrestricted units in our Public Offering at the same price and upon the same terms and conditions as all other investors who purchased units in our Public Offering, such that our net cash outlay in connection with the Sound Concepts acquisition was approximately $11,000,000.
icon url

Ziptrader0

04/17/19 2:16 PM

#141854 RE: streamingeagle88 #141849

I don't have time to do the math today, although you ask a good question. I believe this could have come out of the over-allotment tranche, as I think I had noticed there were still shares available when the original document of the closing of the offering was posted, so a new registration would not have been required.