Ann: Splitit signs US$10M Convertible Note Financing, page-56

So, both institutional investors are essentially going to hold almost 42% of the company's shares when including their existing holdings from the below.

Plus possibility of a further cap raise which would only add further dilution.

Would we say once this gets close to 1 billion shares, we may see a 10 x 1 consolidation

	Date	Name	Bought	Previous %	New %
02-12-22	TIGA Trading Pty Ltd	5,800,000	7.99	9.08
02-12-22	Thorney technologies Ltd	5,800,000	7.99	9.08
18-11-22	Perea Capital Partners LP	9,579,658	7.00	8.00
09-11-22	Thorney technologies Ltd	7,250,000	6.63	7.99
09-11-22	TIGA Trading Pty Ltd	7,250,000	6.63	7.99
05-09-22	TIGA Trading Pty Ltd	35,244,232	--	6.63
05-09-22	Thorney technologies Ltd	35,244,232	--	6.63