Yuengling's Ice Cream Corp (YCRM)

[SF971]

"In order to sell shares to TRILLIUM under the Equity Financing Agreement, during the Commitment Period, the Company must deliver to TRILLIUM a written put notice on any trading day (the “Put Date”), setting forth the dollar amount to be invested by TRILLIUM (the “Put Notice”).

For each share of our common stock purchased under the Equity Financing Agreement, TRILLIUM will pay 85% of the lowest closing bid price (“Closing Price”) of any trading day during the ten (10) trading days immediately following the date on which we have deposited an estimated amount of Put Shares to TRILLIUM’s brokerage account in the manner provided by the Equity Financing Agreement (the “Valuation Period”).

We may, at our sole discretion, issue a Put Notice to TRILLIUM and TRILLIUM will then be irrevocably bound to acquire such shares."

https://www.sec.gov/ix?doc=/Archives/edgar/data/1624517/000182912624003013/yuenglings_s1a.htm