Brainchip will draw 35.3M no later than 31 Dec 2023. I think 35M should be enough to get them going for the US Marketing activities in the next year or so before revenue start coming in. I do not think Cap Raise is necessary.
Extracts from the capital call notice announcement - 14/01/2022 9:26 am AEDT
"As of the date of the capital call notice, available funding under the agreement amounts to $50.3M
while the company is committed to drawing down a minimum of $35.3M no later than 31 December
2023."
Brainchip will draw 35.3M no later than 31 Dec 2023. I think 35M...
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19.0¢ |
Change
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Mkt cap ! $352.6M | |||
| Open | High | Low | Value | Volume |
| 20.0¢ | 20.5¢ | 18.5¢ | $2.469M | 12.85M |
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| No. | Vol. | Price($) |
|---|---|---|
| 77 | 3220129 | 18.5¢ |
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| Price($) | Vol. | No. |
|---|---|---|
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