Aiming to become the global leader in chip-scale photonic solutions by deploying Optical Interposer technology to enable the seamless integration of electronics and photonics for a broad range of vertical market applications

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Message: Re: Why mutually beneficial?
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Jun 08, 2020 05:46PM
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Jun 08, 2020 06:14PM

Agree 100% Lumenge, hard to figure the need to negotiate if you've already agreed on amount and payment date.

https://agoracom.com/ir/POETTechnologies/forums/discussion/topics/741479-question-here/messages/2269296#message

 


Revisiting the share sale agreement, it appears some details on payments we are not privy to, presumably for strategic reasons???

 

4.1 Payments. The Buyer shall pay to the Seller a sum of USD twenty eight million (USD28,000,000), out of which USD twenty six million (USD26,000,000) is the purchase price for the Sale Shares ("Purchase Price") and USD two million (USD2,000,000) is the transaction expenses which shall be paid by the Seller to the Buyer’s financial adviser, Oak Capital Investment Company Limited. The payments will be made in accordance with the details in Schedule 9.

 

 

Schedule 9 - Payment Details

 

REDACTED - CONFIDENTIAL INFORMATION

 

 

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Jun 08, 2020 11:49PM
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