Transaction Consideration. The “Transaction Consideration” will constitute a number of shares of the AQU Common Stock, par value $0.0001, calculated as follows: (EBITDA x 65) minus (Long Term Debt minus Cash) / 10.3, where EBITDA” means the Company’s 2013 standalone and adjusted earnings before interest, taxes, depreciation and amortization, as calculated based upon the audited Company Financial Statements for the year ended 2013; and
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Sources: Share Exchange Agreement (Aquasition Corp.), Share Exchange Agreement (Aquasition Corp.)
Transaction Consideration. The “Transaction Consideration” will constitute a number of shares of the AQU Common Stock, par value $0.0001, calculated as follows: (EBITDA x 656) minus (Long Term Debt minus Cash) / 10.3, where EBITDA” means the Company’s 2013 standalone and adjusted earnings before interest, taxes, depreciation and amortization, as calculated based upon the audited Company Financial Statements for the year ended 2013; andwhere
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