The Resulting IssuerOn closing of the Acquisition and the Financing, the Company will be classified as a real estate issuer and, assuming completion of the maximum Financing, will have 56,750,000 common shares, 47,750,000 Warrants, 500,000 agent's options (issued in connection with its IPO) and 3,600,000 Agent's Compensation Options (as such options are more fully described above) outstanding. A total of 900,000 incentive stock options will also be outstanding. After completion of the Qualifying Transaction, the Company plans to focus on acquiring and holding residential multifamily apartment buildings.
TG Residential To Acquire Residential Property In Manitoba As Qualifying Transaction
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts