Ann: Spenda Executes Sale Agreement for Invoice Finance Portfolio, page-16

  1. 1,113 Posts.
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    Pfew.... This is a relief as it frees up cash necessary to improve runway. So now we can wait a little to see if the revenue streams actually increase. On that DW, this was a total shamble. Happy it has now been sold. The price looks OK too. The break fee is also not bad at all. Overall, they will receive about 7 quarters of net income. Overall a good outcome which may allow the SP to recover a little in expectation of.... next 4C (I know...).
 
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