The Offer is of 2,416,667 Shares at $1.20 per Share, to raise up to $2,900,000, with a right to accept oversubscriptions. Excluding any oversubscriptions, these Shares will represent 17.9% of Inabox’s Issued Shares at IPO. For more information see Section 3 titled Details of the Offer.
So they accepted some oversubscriptions up to 3.5m representing 21% of Inabox’s Issued Shares at IPO. RAB
MTU Price at posting:
$5.73 Sentiment: LT Buy Disclosure: Held