BRN 1.96% 26.0¢ brainchip holdings ltd

Microsoft and BrainChip, page-71

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    Does everybody understand what this means


    1. March 1, 2017; or
    2. the date on which both:
      1. the offerer under a takeover offer in respect of all of the Shares announces that it has achieved acceptances in respect of more than 50% of the Shares; and
      2. the takeover bid has become unconditional; and
      3. the date on which the Company announces that the Shareholders have, at a court convened meeting of Shareholders, voted in favor, by the necessary majority, of a proposed scheme of arrangement under which all of the Shares are to be either cancelled or transferred to a third party.   
 
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