Replies to post #99775 on Niocorp Developments Ltd (NB)

[tedro84]

Thank you. Sounds like Cantor is the real winner here. Getting paid on the way in and the way out.

[LCP77]

Scooter. You are an extremely valued and respected researcher. No comparison. Thank you.

[tedro84]

For clarity, may I add that this doesn’t include the class B shares that were written into the original SPAC agreement?

If I’m understanding your assessment correctly, the warrants were the method of paying the underwriters.

The class B shares were the method of ensuring the sponsors had leverage in the business combination agreement to keep their overall investment risk free.