AKP 0.00% $6.20 audio pixels holdings limited

Ann: Trading Halt, page-41

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  1. 1,220 Posts.
    lightbulb Created with Sketch. 851
    my take:

    They have finalised a funding deal with Tower to a) take a part of AKP, or a convertable note to provide say $20-$30m now b) secured ramped up manufacturing with them to attract customers in 2022. This is so that the $20-$30m vests later (even if its at this price or slightly higher) really what is dilution if it convwerst in 3 years at $25 when the price has surged in later years.

    The money will simply go back to Tower Jazz as the main provider of manufacturing and boom, they get future orders as they are setup to produce.

    DYOR.

    Lucky I kept buying this mother all ths year

    Good luck
 
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