SAS 0.00% 1.6¢ sky and space company ltd

No CR?, page-35

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    If you think the founders would be unlikely to be willing to sell some of their share holding to help fund the operations of the company, how do you account for the wording in the ASX announcement regarding their voluntarily escrowing their shares?


    From the ASX announcement, "Sky and Space Global Ltd (ACN 117 770 475) (the “Company”) is pleased to confirm that the founders,directors and executive management, have confirmed their commitment to not sell any equityholdings they own or control (directly or indirectly) about to be released from escrow, unless to helpfacilitate a major investment in the Company by a key strategic investor at a time in the future".


    https://www.investi.com.au/api/announcements/sas/0f282dd6-48f.pdf

 
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Currently unlisted public company.

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