That's what they are hoping for, 25% of them vest based on volume targets, so hopefully that aligns interests, but they still get 75% of them for free. If the SP surges past 4.70 they could make themselves some quick easy money
I just haven't seen a BNPL pay to acquire retailers before, it's kind of like fundraising to buy growth. It may pay off in the long run though but hopefully this doesn't set a precedent.
Ann: Zip Strikes Strategic Agreement with Amazon Australia, page-31
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$1.70 |
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| $1.75 | $1.77 | $1.68 | $16.19M | 9.417M |
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| No. | Vol. | Price($) |
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| 1 | 5300 | $1.70 |
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| Price($) | Vol. | No. |
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| $1.70 | 86880 | 4 |
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