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Re: kthomp19 post# 660715

Friday, 01/15/2021 7:35:52 AM

Friday, January 15, 2021 7:35:52 AM

Post# of 796349
Quote: All equity raises after that have their proceeds go to Treasury instead of FnF, and the senior pref liquidation preference gets reduced by that amount.

I'm not quite sure where it says the senior liquidating preference gets reduced by future equity raises? Can you post a quote from the amendment that says that, or is it an assumption?
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