EBET Inc (EBET)

[CoinOp]

$1.25 then $2.50 as the lenders conversion prices . But they can't for 45 days from the release . EBET may have something good coming if these lenders agreed to this . Whales down 50% need to prop it over $1 then to those prices . Their avg is $1.65 !

https://www.nasdaq.com/press-release/ebet-announces-structural-amendment-and-expansion-of-its-senior-secured-credit

"Amended Credit Agreements may be converted into EBET common shares at CPBF's option at a conversion price of $1.25 per share for the initial $5.0 million of the loan amount and at a conversion price of $2.50 per share for the remainder of the loan amount, provided that CPBF may not convert any portion of the loans into EBET common shares during an initial 45-day lockup or to the extent that, after giving effect to such conversion, CPBF and its affiliates would beneficially own more than 9.99% of the then issued and outstanding EBET common shares."