Puget Strives for Accretion

Updated: Aug 12, 2021

By now most of our shareholders should have received our Notice of Meeting to be held on June 7th at 2:00 p.m. at our office in Boca Raton, Florida. Notices were sent by email and/or first class mail. Additional information and related materials were posted on our website. As a result, we have received many inquiries about our pending deals, and questions as to whether potential acquisitions may result in dilution. Within the context of utilizing authorized shares to fund future acquisitions, which is what our proposed increase in authorized shares is primarily meant for, Puget’s Board intends to seek acquisitions that result primarily in accretion. This goal will always be front of mind in our analysis. Additional information will be provided at our upcoming Shareholders Meeting. To learn more about how this works, see here https://www.investopedia.com/ask/answers/043015/what-difference-between-accretive-and-dilutive-merger.asp.

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