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Post# of 459476
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Investor2014

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Investor2014

Re: A deleted message

Saturday, 08/01/2020 11:22:50 AM

Saturday, August 01, 2020 11:22:50 AM

Post# of 459476

In conjunction with the RAUORA announcement Achieve priced $6 million of capital in a registered direct offering. The company entered into a securities purchase agreement with institutional investors to sell 14.6 million shares of common stock at $0.41 per share. The financing is expected to close tomorrow and was executed at Friday’s closing price. No warrants were issued in conjunction with the raise and it was completed at Friday, June 26th closing value. We estimate that, including this capital, Achieve should hold approximately $13 million in cash on the balance sheet as 2Q:20 quarter end.



What!! Closed at $13 on Friday and same day the Insty gets the shares for $0.41. That is a ridiculously great deal for the insty on a pen stroke. How long will whoever that CEO/CFO is last?
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