The new owners are getting a listed vehicle (CLB) for $200,000 - of which $70k will remain with the business, of this existing shareholders will hold 15% - so 10k - essentially a complete wipeout. The benefit for the new owners is having a base to market to. Presumably they will do a capital raise in time and put a business asset into the listed vehicle/backdoor listing (which will further dilute the shares)
The new owners are getting a listed vehicle (CLB) for $200,000 -...
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$1.10 |
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Mkt cap ! $4.6M | |||
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