Gen Digital Inc. Contingent Value Rights
GENVRNASDAQ
GENVR·NASDAQ
GENVR represents Contingent Value Rights (CVRs) issued by Gen Digital Inc. in connection with its acquisition of Money. Lion. Each CVR offers its holder the potential to receive a conditional payment of $23.00, payable in shares of Gen common stock. This payment is triggered if Gen's average volume-weighted share price (VWAP) reaches or surpasses $37.50 and maintains that level for 30 consecutive trading days, all within 24 months after the closing date of the acquisition.
GENVR represents Contingent Value Rights (CVRs) issued by Gen Digital Inc. in connection with its acquisition of Money. Lion. Each CVR offers its holder the potential to receive a conditional payment of $23.00, payable in shares of Gen common stock. This payment is triggered if Gen's average volume-weighted share price (VWAP) reaches or surpasses $37.50 and maintains that level for 30 consecutive trading days, all within 24 months after the closing date of the acquisition.