a lender has to be paid back at the end of the day. So traditional debt is a no go for zero revenue company with intangible assets. Convertible note may be a way forward for a lender with the potential appetite for equity in the future. Also allows Race to avoid upfront dilution or prematurely enter into a partnership for the sole purpose of finding a US trial.
Ann: Race global agreement with City of Hope to access FTO IP, page-164
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Last
$1.45 |
Change
0.000(0.00%) |
Mkt cap ! $247.1M | |||
| Open | High | Low | Value | Volume |
| $1.45 | $1.45 | $1.35 | $254.2K | 185.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 212 | $1.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.45 | 5981 | 3 |
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| Last trade - 16.10pm 18/11/2024 (20 minute delay) ? |
| RAC (ASX) Chart |