TON Strategy Company (TONX)

[jobynimble]

The units issued to SC for 4 million dollars came from the original allotment, not the over-allotment. The proceeds went to VERB. “It would be illegal and violate SEC rules for AGP to have received the 4 million dollars.”

Edit: That clarifies what I posted. Of course VERB received the money and it was part of the original allotment as you stated above, therefore VERB did NOT receive an additional $4 million and if SC insiders didn’t buy the $4 million in stock only $16.5 million would’ve been raised instead of $20.5 million, $500,000 being the partial exercise of the over-allotment...

Btw, where are the Form 4 filings for the insiders’ purchase?