All YA has is a first right to match any financing offer. If someone offered a deal for say 51% of company via preferred shares for say 15 million, YA can either match offer or decline.
Look at how the Andrews accelerators are written. Understand the vision and capital required .
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.