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This pivotal metric is typically calculated by summing the market capitalization and netdebt of the organization. Understanding equity value is essential as it provides a clear indication of what shareholders truly own in the business, reflecting the residual claim on assets once all debts and obligations are settled.
Proposed Business Combination As previously announced, Tactical Resources entered into a definitive business combination agreement (the "Business Combination Agreement") with Plum on August 22, 2024. III (NASDAQ: PLMJ ) ("Plum"), a special purpose acquisition company formed in the Cayman Islands.
While there is nothing inherently that makes one measure superior to the other, it is important to remember that gross debt can never be less than zero, but netdebt can, for firms that have cash balances that exceed their debt.
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Capital Structure 
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