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7.5¢ splitit payments ltd

Ann: Splitit obtains US$50 million commitment from Motive, page-42

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sneef

1,665 Posts.

298

16/08/23

10:43

Post #: 69365251
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Originally posted by AussieHopper: ↑

Provides optionality for existing shareholders: Existing shareholders will have the flexibility to choose
to participate in the Company’s value creation by retaining ownership in Splitit as a private company
or to decrease ownership through trading on ASX prior to the completion of the Delisting. As a
private company, Splitit expects to have a partnership with PrimaryMarkets, a private share
trading platform, to facilitate periodic trading in Splitit shares during the period subsequent to the
completion of the Delisting. Nonetheless, there is no assurance or guarantee that there will be
sufficient liquidity in the private share trading platform to facilitate shareholders being able to sell
their shares.

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Its good the ASX opens to allow those that want to sell the ability to sell now rather than later for SplitIt when in the Private share trading platform with liquidity issues that you highlight. Good move.

SPT Price at posting: 9.1¢ Sentiment: Buy Disclosure: Held
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