Term Sheet


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Term Sheet

A document indicating a corporation's intent to undertake a merger or acquisition. A term sheet outlines the details of the merger or acquisition, including the purchase price, and whether it will be paid in cash, stock, and/or debt. It is important to note that a term sheet it not legally binding and may not be enforced. It is similar to a letter of intent, but it is usually less formal. It may also indicate a company's unilateral intentions, rather than what two companies have agreed to say.
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(OTC: MDCL) said Thursday it has signed a binding term sheet to purchase four additional Colorado dispensaries.
M2 EQUITYBITES-September 3, 2019-MTG announces binding term sheet with HUYA Inc to form JV to expand into China's e-sport market
(CSE: ICAN, OTCQB: ICNAF) ('Integrated Cannabis' or the 'Company'), a multistate brand operator in California and Nevada, is pleased to announce it has entered into a term sheet (the 'Term Sheet') to acquire Nevada based CannaAmerican Brands LLC ('CA Brands').
Reportedly, the company and Proventus have reached an agreement by way of a term sheet dated 28 March 2019 with amendments to the original facilities agreement.
US-based regulated cannabis industry resource General Cannabis Corp (OTCQX: CANN) has entered into a non-binding term sheet to acquire substantially all of the assets of a licensed recreational cannabis retailer in Denver, Colorado, the company said.
General Cannabis announced that it has entered into a non-binding term sheet to acquire substantially all of the assets of a licensed recreational cannabis retailer in Denver, Colorado.
(Alliance News) - Victoria Oil & Gas PLC on Monday announced a term sheet to supply gas to Aksa Enerji Uretim SA's planned power station in Douala, Cameroon.
TELECOMWORLDWIRE-June 24, 2019-Spectra7 announces term sheet for senior secured note loan facility
Auto Business News-October 16, 2018--Sterling Consolidated signs USD2.5m term sheet with Access Capital to obtain financing
Nyrstar and New Century Resources executed a binding term sheet for a new 5.5-year offtake agreement covering 600,000 dry metric tons (dmt) of zinc concentrate produced from the Century zinc mine in Australia.
The offshore unit of Villar-led property developer Vista Land and Lifescapes has obtained consent from bulk of its noteholders to tweak the term sheet of $425 million worth of outstanding debt paper due 2022.
In a disclosure to the Philippine Stock Exchange, Basic Energy said it signed a term sheet with Vintage Holding Japan Co.