How would I enter into my investment transactions, a reverse-takeover?

Quickly-In
Quickly-In Member ✭
edited April 9 in All Things Canadian (Windows)
I'd been invested into New World Resource Corp. on the TSX Venture for 8 or 9 years. Then, in mid-2020, Perimeter Medical Imaging performed a Reverse Takeover (RTO) of New World.

I am trying to figure out how I would enter this activity into Quicken.

I received the statement of activity from my broker

OLA COMPANY INFO,

NEW WORLD RESOURCE CORP

Date: 07/03/20
Bought/Sold: SLD
Qty: 27,413
Price:MERGER
Credit:
0.00

AND THEN FOR THE NEW COMPANY,

PERIMETER MEDICAL IMAGING AI INC
07/03/20
Bought/Sold: BOT
Qty: 10,005
Price: MERGER
Debit:
0.00

So, effectively, with this "Reverse-Takeover", I put no new capital into the acquisition of the shares of Perimeter Medical Imaging.

There was also the sale of a fractional share of New World Resource Corp., which resulted in $0.06 being transferred to my account as cash.

Thank you for any assistance.

SC
Canada

Comments

  • Quickly-In
    Quickly-In Member ✭
    If I were to use the option, "Corporate Acquisition (stock for stock)",
    How would I calculate the "New shares issued per held share" As the result of the division of 27,413 by 10,005 results in an answer of 2.739930034982509.
  • Quickly-In
    Quickly-In Member ✭
    Jul 3 Merger NEW WORLD RESOURCE CORP –27,413
    COM NEW

    SHRS SURRENDERED - MERGER
    Jul 3 Merger PERIMETER MEDICAL IMAGING 10,005
    AI INC COM

    SHRS RECEIVED THRU MERGER
    Jul 3 Merger WTS PERIMETER MED IMAGING 3,426
    AI INC EXP JUN 29 2022

    SHRS RECEIVED THRU MERGER
    Jul 3 Merger WTS PERIMETER MED IMAGING 1
  • Quickly-In
    Quickly-In Member ✭
    The 3,426 I received is not actually shares but warrants to purchase shares at a set price point until the expiry date. This number can be ignored (3,426)
This discussion has been closed.

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