Replies to post #21185 on Coastal Capital Acquisition Corp (CCAJ)

[puppman]

I think the deal isn't done yet If you read closely
Cornell Capital Partners is entitled to receive as a one-time commitment fee in the amount of $490,000 in the form of 10,208,333 shares of the Company's common stock, of which 5,104,166 shares shall be delivered by the Company upon the execution of the Standing Equity Distribution Agreement and 5,104,166 shares will be delivered by the Company on the date that the Company receives advances under the Standby Equity Distribution Agreement in an aggregate amount of $5,000,000 or more.
The Standing Equity Distribution Agreement IMO has not been executed yet