"The company failed to deliver the full $26mill as non dilutive funding but at least they did so for the majority of it"
Are you serious chuk? We are still waiting for the IDC loan, since when "they did it"? They haven't done it yet, for the love of God. Why are you upgrading a possibility into an actual occurrence? This is altering reality.
As of right now (in terms of reality), the majority of funding has come from equity.
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