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Tuesday, September 06, 2022 11:26:20 AM
Hopefully, they didn’t have to agree to sell the $10M too cheap. But at this point they have to do what’s necessary.
Note, the following does not mean market value:
“Any common stock sold to White Lion will occur at a purchase price derived from the prevailing market prices of the company’s common stock at the time of each sale.”
Likely pps will be something like:
market price - 10% , with max price of 0.35 per share.
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