Quarterlytics / Technology / Software - Infrastructure / Gen Digital Inc. Contingent Value Rights

Gen Digital Inc. Contingent Value Rights

GENVR · NASDAQ Technology
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Ticker GENVR
Exchange NASDAQ
Sector Technology
Industry Software - Infrastructure
Employees 3400

Business description

GENVR represents Contingent Value Rights (CVRs) issued by Gen Digital Inc. as part of its acquisition of MoneyLion. Each CVR entitles the holder to receive a contingent payment of $23.00 in Gen common stock if Gen’s average volume-weighted average share price reaches at least $37.50 over 30 consecutive trading days within 24 months following the closing of the transaction.

Tempe, AZ
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Company facts
TickerGENVR
ExchangeNASDAQ
Sector Technology
Employees3400