I haven't been around the market very long and have never seen a convertible note deal turn into a loan.
Can you explain that dot point a little better?
It sounds like you're saying FS get $6m worth of shares for their (up to) $6m and on top of that they get the (up to) $6m back after 3 years. Plus interest +$1m, that part was clear.
Am I reading your post right?
Ann: Company & Phase 3 Expansion Update & App 3Z, page-20
-
- There are more pages in this discussion • 70 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
