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Sunday, January 16, 2022 5:20:44 PM
Dr. Joong J Fang: Tumim needs to stay below 9.99 per cent threshold according to the Agreement. This includes their partnership with 3 i and / or associates. The investment in CV Sciences is minuscule in comparison to the monies they are panning out to other partnerships. If they converted the 2.3 Million shares, they have increased their ownership shares from around 9 percent in the first round to the 9.9 percent threshold, most likely by design. Imho JJwolF
“ About Tumim Stone Capital
3i, LP, the Manager and General Partner of Tumim Stone Capital, LLC, is a New York-based investor that focuses on public companies. Our goal is to provide transparent investments and form longstanding partnerships with companies with a propensity for innovation.”
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