Maybe it will make more sense to you if you think of it as Brainchip bought AZK, not the other way around. Now they "own" the right to capital raise/ issue more shares etc etc.
So as long as punters think Brainchip is a disruptive technology, they can continue to fund themselves indefinitely.
In return AZK has seen a huge multiplication of management stock option value
As it stands now, mr Hunter and mr page own some 5 million worth of shares
Still not a bad result even if it has dropped 50% recently.
I wish i could get that sort of return off a few 100k
Its a win- win. And if you were a shareholder (and wasnt too greedy) you should have won too
(20min delay)