QUESTION:why would a company capable of the EBIT milestones...

QUESTION:

why would a company capable of the EBIT milestones mentioned sell itself to DMN?

DMN have nothing; no cash; nothing

if the 1st milestone is met, it is possible DMNOC will be in the money

if so, if the 1st milestone is met, Maxx will own 16% of DMN, that is, if DMNOC are in the money and if there is no further capital raising. of course, there will be more capital raisings, so Maxx's ownership will be further diluted

if the second milestone is met, with DMNOC exercised, Maxx would own 32%

if the third milestone is met, with DMNOC exercised, Maxx would own 43%