Eve & Co Incorporated (TSXV:EVE) (OTCQX:EEVVF) has closed its previously announced shares for debt transaction whereby it settled $657,000 in payables owed to certain directors, officers, employees, and debentureholders related to expenses, loans, and services rendered to the company up to January 2022 in exchange for an aggregate of 5.19 million of its shares. The company issued the settlement shares to settle the payables in order to preserve cash for general working capital purposes.
Pursuant to the transaction, the company has issued an aggregate of 908,677 settlement shares at a deemed issuance price of $0.12 per settlement share in full and final satisfaction of $109,041 of certain directors' fees and salaries and an aggregate of 4.28 million settlement shares at a deemed issuance price of $0.128 per settlement share in full and final satisfaction of $547,959 owed to the holders of the company's outstanding 10% unsecured convertible debentures that were issued on December 11, 2020.
Insiders of the company received 1.92 million settlement shares in settlement of $242,500 of debt.
The settlement of the payables has been approved by all of the independent directors of the company and the TSX Venture Exchange.
All securities issued pursuant to the transaction will be subject to statutory and TSXV hold periods until June 18, 2022, being the date that is four months and one day from the date of issuance.
イヴ社(TSXV：EVE)(OTCQX：EEVVF)閉鎖前に発表された株は債務取引を行い，65.7万ドルの売掛金を決着させた2022年1月までに会社に提供した費用、融資、サービスを、合計519万株の会社株と引き換えに、ある役員、上級管理者、従業員、債券保有者に支払う。その会社は決算株を発行する支払いを順番に決算する一般運営資金用途のために現金を保存する。
この取引によると、同社はiを所有している合計908，677株の和解株式を購入1株当たり決済株式0.12ドル全数及び最終清算109，041ドル若干の取締役報酬及び合計428，000株で株式を決済し、1株当たり決済株式0.128ドル全数及び最終清算により当社が2020年12月11日に発行した未償還10%無担保交換可能株式保有者の547，959ドルである。
同社の内部関係者は192万株の和解株式を獲得し、24.25万ドルの債務を決着させた
掛け金の決算すべての独立役員の承認を得たその会社とトロント証券取引所創業ボード.
取引によって発行されるすべての証券は、2022年6月18日、すなわち発行日から4ヶ月零一日まで、法定とTSXV保有期間の制限を受ける。
