![]() ![]() ![]() At Closing, upon satisfaction of each of the closing conditions set forth in the Agreement, LiveXLive Media shall issue to the Mary and Norman Pattiz Family Trust 5.45 million shares of its common stock, $0.001 par value per share plus such additional number of shares of Common Stock as would equal to sum of (i) the Estimated Closing Cash, minus (ii) the Estimated Closing Indebtedness, minus (iii) the Estimated Transaction Expenses, plus or minus (iv) the Working Capital Excess or the Working Capital Shortfall, as applicable, divided by $2.20 (collectively with the Initial Shares). (NasdaqCM:LIVX) entered into an agreement to acquire Courtside Group from Mary and Norman Pattiz Family Trust for $18.1 million on May 7, 2020. ![]()
0 Comments
Leave a Reply. |