Bergen - VWAP conversion

"US$1,500,000 invested on execution of the Agreement by way of an interest-free unsecured convertible security with 24-month maturity (the “Convertible”)"

"Bergen will purchase convertible notes in the Company. The conversion price of the convertible notes will be the lesser of 92% of the average of five daily volume-weighted average prices (“VWAPs”) of the Company’s shares during a specified period immediately prior to the date of the issuance of the ordinary shares or 140% of the average of daily VWAPs for 20 trading days prior to the date of execution of the Agreement."



Just something to keep in mind