So its a roll-up, of 8 businesses that, whilst good individually, haven't worked together before.
Not looking like a cost out, or bringing it together in the one spot, etc, just roll-up under a new brand.
So post raise, and the payment of future shares, the Trimantium team still own 20% of this - so $30m odd, and Kingston doesn't look like he will be working in the business? Says the CFO and other guy - with 1.7%, will have "day to day" operations, but not really because each "Partner" is actually responsible for their own section.
The more I read, the more I write, the more I'm not keen.
Edit: Not underwritten, will be interesting to see if it gets up or not.
