{"id":2199,"date":"2008-05-27T18:29:22","date_gmt":"2008-05-27T22:29:22","guid":{"rendered":"http:\/\/www.prefblog.com\/?p=2199"},"modified":"2008-05-27T18:29:22","modified_gmt":"2008-05-27T22:29:22","slug":"xtm-exchange-split-corp-offering-in-trouble","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=2199","title":{"rendered":"XTM eXchange Split Corp. Offering in Trouble?"},"content":{"rendered":"<p>XTM eXchange Split Corp. <a href=\"http:\/\/www.xtmexchange.com\/pdf\/PressRel-ExOptDeadline-May27.pdf\">has announced<\/a>:<\/p>\n<blockquote><p>that the deadline for investors to deposit securities of TSX Group Inc. in connection with the purchase of Units, consisting of Priority Equity Shares and Class A Shares, of the Company pursuant to the Exchange Option, as outlined in the preliminary prospectus of the Company dated April 30, 2008, has been extended to 5:00 p.m. (Toronto time) on June 11, 2008. The applicable exchange ratio will now be based on the volume-weighted average trading price of the common Shares of TSX Group Inc. on the TSX during the three consecutive trading days ending on June 11, 2008.<\/p>\n<p>Prospective purchasers pursuant to the exchange option may acquire (i) Units (one Class A Share and one Priority Equity Share) or (ii) Class A Shares of XTM eXchange Split Corp. Prospective purchasers may also continue to acquire Class A Shares and\/or Priority Equity Shares and pay the purchase price in cash.<\/p><\/blockquote>\n<p>I noted this potential new issue in <a href=\"http:\/\/www.prefblog.com\/?p=2120\">a post written on May 5<\/a>. I haven&#8217;t heard anything concrete &#8230; and I don&#8217;t know what the original closing date was supposed to be &#8230; but an extension of the closing date is not usually considered to be a Good Sign.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>XTM eXchange Split Corp. has announced: that the deadline for investors to deposit securities of TSX Group Inc. in connection with the purchase of Units, consisting of Priority Equity Shares and Class A Shares, of &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":["post-2199","post","type-post","status-publish","format-standard","hentry","category-issue-comments"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/2199","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2199"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/2199\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2199"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2199"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2199"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}