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Verb Technology Company, I VERB
(Total Views: 314)
Posted On: 12/06/2018 8:11:34 AM
Post# of 32991
Posted By: mewards
Re: Mauibound #9504
I agree, however we don't know how that purchase will be structured. The closing of the acquisition in January may include some upfront shares and 15 million in payments over time. The merger does not seem to be waiting for financing. They have left some flexibility as to when that will be paid it seems. Anyway that's just my take from Rory's comments in the video. And that would make a lot of sense to do it that way. The underwriter can properly value the offering price of a merged company. And if SC allowed flexible payment terms, the cash portion could be paid out over several years potentially. This makes a ton of sense.













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