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Posted On: 03/31/2020 6:24:20 AM
Post# of 148906
Non-dilutive? I do not get it.
The investor can convert at $4.50 which means that he gets 3.333.333 shares at $4.50 plus 10% interest per year.
Interest rate seems quite high to be honest, and for me it is not non-dilutive as the investor gets 3.333m shares.
The investor can convert at $4.50 which means that he gets 3.333.333 shares at $4.50 plus 10% interest per year.
Interest rate seems quite high to be honest, and for me it is not non-dilutive as the investor gets 3.333m shares.
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