BRN 7.69% 18.0¢ brainchip holdings ltd

Ann: Trading Halt, page-165

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    Ann 27/3/24." As of the date of the capital call notice, available funding under the agreement amounts to $50.2M and the company is committed to drawing down a minimum of $12M no later than 31 December 2024, of which $1.1M has been drawn."
    Why would BRN have not drawn on LDA if it requires working capital. Still we will not know for sure until the Ann is released.

 
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