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Gator328

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Gator328

Re: Anshu2 post# 402163

Wednesday, 02/08/2023 2:20:04 PM

Wednesday, February 08, 2023 2:20:04 PM

Post# of 458909
No. I only briefly scanned the terms but it appears LPC is receiving 750,000 shares now and another potential 750,000 shares depending on how many shares its required to purchase. Consider it a cheap insurance premium to secure up to $150mm in emergency funding.

LPC is going to make money in other ways too, but this seems to be a fair deal all around and comparable to the Cantor deal.
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