I would not be surprised if this capital raise is conducted in a similar fashion to Getswift.
Indeed, Getswift raised an enormous $24M through an oversubscribed placement to predominantly US-backed family-houses, sophisticated and institutional investors for its next 'big ramp.'
Given the recent news flow which significantly de-risks Brainchip coupled with the company's obvious need for a large source of capital injection to fund AKIDA development, I could easily see Brainchip looking internationally for funds and executing a sizeable capital raise.
Food for thought ... does anyone remember how the market responded to Getswift's CR - jumped 15%+ and continued its glorious run to recent highs of $3+.
The market doesn't always respond negatively to dilution. If the terms are favourable, the size is large and its backed by the appropriate parties, this could be a massive positive.
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