Paying out unpurchased shares would be a breach of fiduciary liability in a bankrupcy. Management couldnt do it. This is definitely something interesting
With some companies, stock awards are based on share price at the beginning/end of that fiscal quarter, or two quarters. In this case, they were probably awarded X shares at $Y, however because of the acquisition they instead gave them cash equivalent to those shares, plus a bit extra. Honestly sounds like a good award to me, as the cash option.
I honestly think they couldn't give them higher at this point. It would be too suspicious if they suddenly got paid $10-15 for their unvested shares, ahead of time. This is at least in line with what the share price has been just recently.
So what you are saying is that since certain criterias weren't met they get a payout instead of shares? They didn't get to decide between cash or stocks?
I think that $4.90 price reflects when these shares were issued, that’s why they’re being paid out in cash as such? I think with fair valuation we sit at $15-$20. Realistically. Still a great opportunity to 3-4x your money if you’ve had a chance to average down. I CANT WAIT!! If it’s anything RC involved we Moon. GME 2.0
Paying out unpurchased shares would be a breach of fiduciary liability in a bankrupcy. Management couldnt do it. This is definitely something interesting
This is gold
gonna celebrate tonight, im having the good instant ramen i think i def earned it
You guys have food?
Don't be so cheap. Add an egg or a shrimp in there 🚀
Add a fried egg 🍳 to it you deserve it 🦧💙🦧
I got the hot and spicy fiery beef and a 3liter soda from the dollar tree time to party
Wen M&A?
I would watch 1st Feb. When they pay for the bonds and drop a surprise announcement 👀🚀
tomorrow
With some companies, stock awards are based on share price at the beginning/end of that fiscal quarter, or two quarters. In this case, they were probably awarded X shares at $Y, however because of the acquisition they instead gave them cash equivalent to those shares, plus a bit extra. Honestly sounds like a good award to me, as the cash option.
I honestly think they couldn't give them higher at this point. It would be too suspicious if they suddenly got paid $10-15 for their unvested shares, ahead of time. This is at least in line with what the share price has been just recently.
Bingo. Acquiring companies tend to put their own people in high level positions.
They can take that cash and intern by more than what they were supposed to be gifted today or tomorrow
Gute nacht mein freund 😴
Restricted Share Awards (RSA) would be worthless at the time if acquisition. That is why they are getting cash before acquisition date.
generating $6B+ in revenue
$6B+ in revenue and still operating at a loss lol
They are RSA not RSU
NSA - Got it!
So what you are saying is that since certain criterias weren't met they get a payout instead of shares? They didn't get to decide between cash or stocks?
They’re RSU.
i agree with all dis sheeittt .
I think that $4.90 price reflects when these shares were issued, that’s why they’re being paid out in cash as such? I think with fair valuation we sit at $15-$20. Realistically. Still a great opportunity to 3-4x your money if you’ve had a chance to average down. I CANT WAIT!! If it’s anything RC involved we Moon. GME 2.0
I’ll send them some cum soaked towels
Don't forget to bring a towel...
RSU’s vest immediately upon being acquired.
LET'S FUCKIN GO BBBY!!!!!!!!
I'm not donating shit to those guys. they can fry in hell
Sooooo if m&a finalizes, we only getting 4.90 for our shares? Anyone who bought higher is fugged?
What’s the difference between rsu and rsa?
How did you come to the conclusion to all of this? Because it reads like a lot of assuming going on.