Feb. 19 at 4:19 PM
$VFF $OGI $MSOS
Wowser!!! This is a big deal and Ogi stock is worth atleast
$3.X CAD....
The Share Pricing Mechanics
The deal uses different pricing logic for the "Upfront" shares versus the "Earnout" shares:
Upfront Shares: These were fixed at C
$3.00 per share. (This was a massive 71% premium over the market price of C
$1.75 at the time of the announcement).
Earnout Shares (The "Second Portion"): These will be priced based on the 20-day Volume Weighted Average Price (VWAP) on the Toronto Stock Exchange (TSX) immediately before they are settled.
The Floor & Cap: This is where your
$3.00 figure comes in. The pricing for these earnout shares is strictly bound by:
A Floor of C
$3.00
A Cap of C
$4.00
https://www.youtube.com/live/5k2uX_sjTgA?si=a47eLo95a-ltrWuH
