@Notthedart
Cornerstone investor terms agreed: Capricorn may subscribe for up to 412 million shares in Spenda (up to 9.97% of Spenda’s share capital post investment) via a private placement at $0.0175 per share, representing a 77% premium to the 30-day VWAP of $0.0099. Any subscription will occur prior to 31 January 2024, subject to the successful completion of the Foundation Stage of the DSD initiative, Capricorn’s successful due diligence and Board approval and Spenda shareholder approval of Resolution 18 at its forthcoming AGM.
77% premium
How many bought in on this news ????
Bottom is in. Get ready for SPENDA to bounce!, page-553
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Change
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Mkt cap ! $55.24M | |||
| Open | High | Low | Value | Volume |
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Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 4070887 | 1.2¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 7281226 | 6 |
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