(Total Views: 302)
Posted On: 01/21/2021 1:49:12 PM
Post# of 653
$RLFTF DD (opinion) From “Francesco” on Ya-hoo board, and helps understand context of today’s PR:
“Explanation for people who think the PR is negative and already start to think about dilution. Read following points:
I can not find anything bad in this PR.
1. GEM fully invested in RLF
2. GEM ready to buy shares worth 50 mio CHF
3. Relief has full power to decide when and how much they want to
4. GEM has to pay a median price and not 0.01 as before
5. If the SP goes north direction Uplisting/Nasdaq etc. 50 mio. CHF wont be a big amount of shares.
This is just a few positive points picked from the PR”
---
“Proceeds from the SSF drawdowns will be used to produce commercial quantities of RLF-100TM (aviptadil) and acquire additional assets to expand and diversify Relief's drug pipeline.”
$RLFTF Relief Announces Implementation of New Share Subscription Facility with Main Shareholder GEM
GENEVA, SWITZERLAND / ACCESSWIRE / January 21, 2021 / RELIEF THERAPEUTICS Holding AG (SIX:RLF)(OTCQB:RLFTF)
("Relief" or the "Company" , a biopharmaceutical company with its lead compound RLF-100TM (aviptadil) in advanced clinical development to treat severe COVID-19 patients, today announced that it has signed a binding agreement with the Company's main shareholder GEM Global Yield LLC SCS ("GEM" for the implementation of a new Share Subscription Facility ("SSF" in the amount of up to CHF 50 million.
GEM is Relief's longest standing shareholder, dating back to their initial investment in 2015, and currently owns over 1.3 billion shares of Relief common stock.
Read More: https://investorshangout.com/post/newpost/938...z6kD3r8sUN
“Explanation for people who think the PR is negative and already start to think about dilution. Read following points:
I can not find anything bad in this PR.
1. GEM fully invested in RLF
2. GEM ready to buy shares worth 50 mio CHF
3. Relief has full power to decide when and how much they want to
4. GEM has to pay a median price and not 0.01 as before
5. If the SP goes north direction Uplisting/Nasdaq etc. 50 mio. CHF wont be a big amount of shares.
This is just a few positive points picked from the PR”
---
“Proceeds from the SSF drawdowns will be used to produce commercial quantities of RLF-100TM (aviptadil) and acquire additional assets to expand and diversify Relief's drug pipeline.”
$RLFTF Relief Announces Implementation of New Share Subscription Facility with Main Shareholder GEM
GENEVA, SWITZERLAND / ACCESSWIRE / January 21, 2021 / RELIEF THERAPEUTICS Holding AG (SIX:RLF)(OTCQB:RLFTF)
("Relief" or the "Company" , a biopharmaceutical company with its lead compound RLF-100TM (aviptadil) in advanced clinical development to treat severe COVID-19 patients, today announced that it has signed a binding agreement with the Company's main shareholder GEM Global Yield LLC SCS ("GEM" for the implementation of a new Share Subscription Facility ("SSF" in the amount of up to CHF 50 million.
GEM is Relief's longest standing shareholder, dating back to their initial investment in 2015, and currently owns over 1.3 billion shares of Relief common stock.
Read More: https://investorshangout.com/post/newpost/938...z6kD3r8sUN
(1)
(0)
$MJ
