"The next topic in the presentation discussed the financing of the company. Bridgeport has committed to providing an initial round of $21M in funding to the company in the form of a two-year note. The note is structured in favor of the company and does not provide for toxic conversion. The funding will commence immediately and be completed in the first quarter of 2018. The company has also secured an additional commitment for $26M for further M&A beyond the current plan if opportunities present themselves."
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