And where is the $35MM cash coming from? QASP doesn't have that kind of cash on hand. On the other hand, if they were to use an equity for cash transaction short term, a sort of bridge financing through the issue of warrants, then the company being acquired could sell their shares and realize their cash at a specified strike price. Cash transaction.
yup 1 buck a share means nothing as when deals actually go thru it can be 30 cents and shares to the compan y equalling 1 dollar....... price is waiting to jump looks good today.
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