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Jerry Trent, CEO of Principal Technologies (TSX-V:PTEC) joined Steve Darling from Proactive to share insights in a recent interview about the company s.
Meet Jerry Trent, CEO and President of Principal Technologies. Principal Technologies invests in European healthcare technology companies by Steven Loeb on February 14, 2022
About the Investment and Concurrent Financing
The Investment will be structured as a share acquisition pursuant to which the Company will acquire 80% of the issued and outstanding securities of E&E in accordance with the Investment Agreement. As consideration for the Investment, the Company will pay the shareholder of E&E:
(i)
(ii)
1,000,000 Common Shares in the capital of the Company, (each, a
Common Share ) if E&E earns €125,000 in profit before tax from the period from April 1, 2021 to March 31, 2022; plus
(iii)
250,000 Common Shares if E&E earns €250,000 in profit before tax from the period from April 1, 2021 to March 31, 2022; plus