BRN 0.00% 21.5¢ brainchip holdings ltd

It's not a line of credit....To simplify - The LDA put option...

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    It's not a line of credit....To simplify - The LDA put option agreement is a mechanism for BRN to be able to legally sell their own shares to raise capital. LDA receive BRN stock under the 15% placement capacity under Listing Rule 7.1 for zero consideration and then manage the sale of those shares on market to raise the capital BRN requires. LDA receive a fee and have negotiated options as remuneration.
 
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21.5¢ 21.5¢ 21.0¢ $173.4K 806.9K

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43 1032495 21.0¢
 

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21.5¢ 32358 4
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Last trade - 10.13am 04/07/2024 (20 minute delay) ?
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