BRN 3.77% 25.5¢ brainchip holdings ltd

Can someone explain this to me? New investors?1.2 Placement of...

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    Can someone explain this to me? New investors?

    1.2 Placement of shortfall
    To the extent that all of the New Shares are not taken up by Eligible Shareholders under the Entitlement Offer and Shortfall Facility, the Company reserves the right to place the shortfall with new investors at the Board’s absolute discretion within two months after completion of the Entitlement Offer.

    https://www.asx.com.au/asxpdf/20190628/pdf/4465z5gk9g40l0.pdf
    Last edited by glutenfree: 11/07/19
 
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