BRN 21.7% 28.0¢ brainchip holdings ltd

Ann: Financing Facility, page-95

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  1. 43 Posts.
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    This is an equity line of credit. A don't understand what risk the provider is taking. As soon as a call is made, they are issued shares they can sell. This is a really dangerous instrument unless things go extra well and then I would question why you need it at all.
 
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