They dont approach sophisticated investors. They will approach and discuss with a broker to lead the raise. Price and terms usually discussed between company and broker
They will then send out the term sheet to their clients to try and raise the funds to complete the raise.
Ann: Trading Halt, page-64
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54.5¢ |
Change
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Mkt cap ! $126.2M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| 54.5¢ | 4099 | 2 |
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