SPT 0.00% 7.5¢ splitit payments ltd

The Next Chapter, page-3725

  1. 8,905 Posts.
    lightbulb Created with Sketch. 1093
    It is hard to know, the details are not in, but they will obviously form part of the pool of the SPT company which today is $27 mil but falling rapidly. IMO that pool may be matched against the USD$50 / AUD$79 mil being contributed by Motive and USD$10mil / AUD$15 mil being lent through Convertible Notes by the 2 investors. Both contributors are being awarded substantial equity in their favour which will result in very significant dilution.
 
watchlist Created with Sketch. Add SPT (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.