la jolla, page-5

  1. 138 Posts.
    xfirestormx, thanks for reply.
    from the announcement, I found the below sentences:

    3.7 HealthLinx's Prepayment Right
    If on the day La Jolla issues a Conversion Notice, the Volume Weighted Average
    Price is below $0.010 (Floor Price), HealthLinx will have the right, by no later than
    3.00pm Sydney time on the date that is 2 Business Days after HealthLinx's receipt of
    the Conversion Notice, to prepay that portion of the Principal Amount of the First Note
    that La Jolla has sought to convert pursuant to the Conversion Notice, plus any
    accrued and unpaid interest, at 107.5% of such amount. The Floor Price is subject to
    adjustment downwards in certain circumstances.
 
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