The 7% IS commission. get your facts correct. A lot of amateurs on this site. Underwriters are pricing at 2.37 UDS with options to purchase at 3.84 CAD and 5.00 CAD in 12 months. I say it won't make it that far. Company will be acquired before 12 months...
HEY!!! Don't rain all over the PUMPERS with truth... they hate that!! ;-)
This "NEWS" is a "Nothingburger". Who wouldn't like 7% up front, probably with a personal asset guarantee... but the investor is still now underwater!!