BRN 2.33% 21.0¢ brainchip holdings ltd

Need to be clear this is not like an overdraft, line of credit...

  1. 226 Posts.
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    Need to be clear this is not like an overdraft, line of credit or debt funding. In order for BRN to secure the actual capital ($10m minimum), BRN shares must be sold into the market to realise that capital.

    These types of structures are commonly used in the US, often called ATM (At-The-Money) programs or "dribble-out" facilities. Acuity Capital is a company in Australia that has offered ATM's for several years for small cap companies.

    https://www.acuitycapital.com.au/examples
 
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Last
21.0¢
Change
-0.005(2.33%)
Mkt cap ! $399.0M
Open High Low Value Volume
21.5¢ 22.0¢ 20.8¢ $661.1K 3.116M

Buyers (Bids)

No. Vol. Price($)
16 345840 21.0¢
 

Sellers (Offers)

Price($) Vol. No.
21.5¢ 1257898 22
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Last trade - 11.55am 04/07/2024 (20 minute delay) ?
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