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As public companies can accept non cash consideration, as long as they are valued at nominal value,
what happens if the non cash consideration exceeds the nominal value?
cash consideration would be credited to the share premium, so would the company have to credit share premium with non cash consideration?
I did some googling and came across this site.
https://www.proeconomics.com/law/company/share__premiums_and__non_cash_consideration.html
It seems as though the excess goes into a share premium account, the same as would happen with cash consideration. But that’s assuming I understood it right.
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