SubPenny0001
1 day ago
Is this merger for real. Think about all the Hyper crap that been going on since Wed, Feb 14, 2024.
Why no update?
Also a non-binding agreement for a potentially transformative merger serves as an initial step in the M&A process,
laying the groundwork for more detailed discussions and ultimately leading to a formal agreement if both parties decide to proceed with the merger.
The term “potentially transformative merger” suggests that the merger in question has the potential to significantly alter the business landscape for both companies involved. This could involve creating synergies that enhance competitiveness, expanding market reach, diversifying product offerings, or achieving cost efficiencies through economies of scale. Such mergers are often strategic in nature and aimed at driving growth and value creation for the merged entity.
Although i'm not trying to bash here but come on 3 months gone by since it was stated with not another formal Prs updating us. I do not trust X (TW) as a form way of handleing it. Also I just want to point out in this case, there is no evidence that the FOXO news report was intentionally misleading or inaccurate. The lack of follow-up information does not necessarily mean that the initial report was false. We need some formal update.... Don't we all Agree?
SubPenny0001
3 days ago
Calculating the Value of the Merger:
I could be wrong but it seem to be like the total value of the merger would be approximately $1.65 billion.
"IF" a stock-for-stock deal,
To determine the value of the merger between FOXO Technologies Inc and M2i Global, Inc. in a stock-for-stock deal, we need to consider the market capitalizations of both companies.
Given:
FOXO Technologies Inc Market Capitalization = $2,812,470
M2i Global, Inc. Market Capitalization = $68,100,000
In a stock-for-stock merger, the value of the merger would be based on the exchange ratio of shares between the two companies.
Calculating Exchange Ratio:
To calculate the exchange ratio, we need to divide the market capitalization of M2i Global by that of FOXO Technologies:
Exchange Ratio = M2i Global Market Cap / FOXO Technologies Market Cap Exchange Ratio = $68,100,000 / $2,812,470 Exchange Ratio ˜ 24.21
This means that for every share of FOXO Technologies Inc., shareholders would receive approximately 24.21 shares of M2i Global, Inc.
Determining Total Value:
Now, to find the total value of the merger in terms of M2i Global’s market capitalization:
Total Value = FOXO Technologies Market Cap + (M2i Global Market Cap Exchange Ratio) Total Value = $2,812,470 + ($68,100,000* 24.21) Total Value ˜ $1,650,732,470
Therefore, if FOXO Technologies Inc merges with M2i Global, Inc. in a stock-for-stock deal only (without cash involved), the total value of the merger would be approximately $1.65 billion.
Money hunt
3 days ago
M2i Global, Inc., through its subsidiary U.S. Minerals and Metals Corp., is an engineering, research, and services firm that brings together people, technology, and solutions from across government, business, not-for-profits, and academia to provide access and availability to critical minerals and metals for the purpose of defense and economic security. We aim to address this compelling need dictated by the evolving global environment predicated in terms of technology, energy, defense, and climate. The Company's vision and purpose is to develop and execute a complete global value supply chain for critical minerals for the U.S. and its free trade partners and create a strategic mineral reserve in partnership with the U.S. Federal Government. The reality is that the world outside of China faces a significant dearth of critical minerals necessary to fuel its reemergent manufacturing base. This supply problem leads to a very clear economic opportunity for the Company and others to develop these resources and supply this exploding demand over the next decade and beyond.