MDR 3.45% 30.0¢ medadvisor limited

Yeah that capital structure looks about right... 686,986,687...

  1. 213 Posts.
    Yeah that capital structure looks about right...

    686,986,687 ordinary shares according to Top 20 holders (415,543,386 Top 20 + 271,443,301 Others)

    MDRO shares about to expire end of this month, strike price 20cents.

    Performance shares based on Milestones:
    "Conversion of the Founder Performance Shares (l) (Milestones): The Founder Performance Shares will convert upon satisfaction of any one of the following milestones:
    (i) 50% of the Founder Performance Shares shall convert upon the “Medadvisor Platform” being activated at 2,500 pharmacies within a period of 2 years from the issue of the Founder Performance Shares; and
    (ii) 50% of the Founder Performance Shares shall convert upon the Company receiving annualised revenue from the MedAdvisor business (calculated over two consecutive calendar quarters) of no less than $5,000,000, within a period of 3 years from the issue of the Founder Performance Shares, (each referred to as a Milestone).

    Can't locate the Bennetto and Lead Manager options though...
 
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29.0¢ 30.0¢ 27.5¢ $254.8K 889.6K

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