BRN 2.56% 20.0¢ brainchip holdings ltd

Ann: Capital Call with LDA, page-220

  1. 6,880 Posts.
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    "So take this portion out of the total sum, it is clear that LDA sold 10,255,000 shares so far until 05/10/2021, the total sell value was $4,885,898.46."

    LDA still has some to sell roughly 5M + by 22 October, my guess is that they will abandon that as it is up to the Co when to put a call on those options, my suggestion is that they need to renegotiate that part of the contract to a later date as they don't need the funds, they are getting 10M from the conversion of Lou's options to shares...

 
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