AVR 1.11% $11.55 anteris technologies ltd

Letter of intent to fund Vacs, page-55

  1. 3,619 Posts.
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    Yes, to be clear.

    The proposed $18m is to fund the immunotherapies company (and this will earn Star Bright 60% of that company).

    It isn't a direct payment for shares.

    Some s/holders won't realise that the immunotherapies company is a private company. AHZ owns apx 80%. So SB's proposed $18m of funding will dilute us from 80% to apx 30%.

    Please don't think AHZ is getting paid $18m!
 
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