Re the cut off dates for the 2 or 4 dividend share
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Posted On: 07/20/2020 1:23:33 PM
Re: Judge Holden #313
Re the cut off dates for the 2 or 4 dividend shares, I am wondering about the actual dates related to this wording:
"The planned Bonus share dividend would be divided into two tranches; the shareholders of record of a date to be determined but prior to initial public offering would be eligible for two shares for every share of DSS which they hold, and a second dividend of an additional two shares of Impact BioMedical if they were the shareholders of record on the date of the proposed IPO of Impact BioMedical."
Am I correct that a DSS holder gets (only) 2 shares in the new company if they are DDS holders before the proposed IPO is actually dated (that is, some time after the August annual meeting? That is, there is still time to top up DSS holdings.
As for the qualification for the other 2 free shares, what was the date of the "proposed IPO of Impact BioMedical'? Does that mean the date of the public announcement about it?
Thanks
"The planned Bonus share dividend would be divided into two tranches; the shareholders of record of a date to be determined but prior to initial public offering would be eligible for two shares for every share of DSS which they hold, and a second dividend of an additional two shares of Impact BioMedical if they were the shareholders of record on the date of the proposed IPO of Impact BioMedical."
Am I correct that a DSS holder gets (only) 2 shares in the new company if they are DDS holders before the proposed IPO is actually dated (that is, some time after the August annual meeting? That is, there is still time to top up DSS holdings.
As for the qualification for the other 2 free shares, what was the date of the "proposed IPO of Impact BioMedical'? Does that mean the date of the public announcement about it?
Thanks
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