What a toxic deal for BLA....
2% upfront fees, 15% per annum interest and conversion strike price of only 20% premium for 7-year term
No doubt with the passing of time, it will become apparent that BLA just gifted the whole company to Oaktree for $50m!
Which Class Action Lawyer's own this account?
What a toxic deal for BLA.... 2% upfront fees, 15% per annum...
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