Sorry to disappoint you stockartist but the $4m raising is only shown as an indicative, if you read page four of the announcement - paragraph starting with "Subject to receipt of" it clearly indicates that Management will request shareholders give them permission to do a cr to raise between $3m to $8m.
DEALROOM
New Feature Announcement!
We’re excited to introduce the DealRoom portal, now live on site, providing users with exciting access to private equity opportunities for both pre-IPO and publicly listed companies.
See full details by selecting the new menu item named 'DealRoom' on our main menu bar or click below.
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