Yes, the restricted shares will be used as compensation to acquire a new company which will be under the ICNM umbrella. Dilution is the price we pay to quickly expand before earnings are in place. As long as the company being acquired has a performance record of sales and good synergy with ICNM, all is good.
Delayed stock dilution Stock dilution is defined as the reduction of equity ownership by all shareholders as a result of the issuance of new shares. Unlike other types of equity compensation, the issuance of RSU’s DO NOT immediately add the the company’s share count, which is favourable to your company. RSU’s allow the employer to defer issuing shares until a later date, which therefore helps to delay stock dilution to existing shareholders.