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Re: dingodave post# 7314

Monday, 07/12/2021 10:48:10 AM

Monday, July 12, 2021 10:48:10 AM

Post# of 23899
I don't know what this is about. But it looks like NLST maintains firm control of the agreement. "Our Termination Rights - We have the unconditional right, at any time, for any reason and without any payment or liability to us, to give one business day notice to Lincoln Park to terminate the Purchase Agreement."

On the surface it looks like Lincoln Park will buy stock whenever NetList tells them to. It's a way to get cash whenever NLST wants it. I have no idea why but there is obviously a lot going on that we aren't privy to. Hopefully there will be a press release explaining it.

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