For SLR shareholders to approve the merger, one stipulation is 50% of shareholders need to approve. Each legal or individual entity gets one vote, so a holder of 1000 shares for this stipulation gets one vote, and a holder of 10 million shares gets one vote. The other stipulation is 75% of votes cast, weighted to size of the shareholding is required to approve.
I believe that if SLR shareholders voted down the merger, SLR would pop at least 10%.
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