Is my understanding correct in that the purchase of NC creates...

Is my understanding correct in that the purchase of NC creates an uplift of approx 3.5 times of subscription based revenue; and approx 40% increase in total revenue associated with their products/services?

From what I can gather, assuming the full $9.5m purchase price is triggered and the VWAP stays at 38.5c per share, it would equate to around a 14.2% incrase in SOI (if no options are exercised) and a 13.5% increase in SOI (if all options are exercised).

Is there something I'm missing, as I feel like this is a good result for us shareholders? I'm typically against anything that dilutes shareholder interests, but can't seem to find a significant downside to this deal.