Monkey Knife Fight
March 23, 2022 | By Vela Wood
Summary of Consideration:
MKF received immediately exercisable penny warrants to purchase up to approximately $50M in Bally’s common shares (subject to adjustment) at closing, and contingent penny warrants to purchase up to approximately $20M in additional Bally’s common shares on each of the first and second anniversaries of closing, for a possible total of up to approximately $40M.
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