So... can current holders that participated in the most recent SPP @ 2.84 apply for another 352 shares? Or do they fall under the category of 'general public'?
I've read through this part of the announcement but don't get it. And there are no new documents on Computershare so I guess not?
3.3 Cleansing Offer
Under this Cleansing Prospectus, the Company invites investors identified by the Directors to
apply for up to 352 Shares at an issue price of $2.84 per Share payable in full on application
to raise approximately $1,000 before costs. This Cleansing Offer is only being extended to
investors who are invited by the Company to subscribe for Shares and is not open to the
general public.
3.4 Application for Shares
Applications for Shares must be made using the Application Form accompanying this
Cleansing Prospectus. To the maximum extent permitted by law, the Directors will have
discretion over whether to accept any or all Applications. There is no guarantee that any
Applications will be accepted.
Payment for the Shares must be made in full at the issue price of $2.84 per Share.
Applications for Shares must be made using the Application Form accompanying this
Cleansing Prospectus. To the maximum extent permitted by law, the Directors will have
discretion over whether to accept any or all Applications. There is no guarantee that any
applications will be accepted.
Completed Application Forms and accompanying cheques, made payable to “Weebit Nano
Limited” and crossed “Not Negotiable” must be mailed or delivered to the address set out on
the Application Form by no later than the Closing Date.
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Ann: Cleansing Prospectus, page-8
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