It’s the higher of that or the price Brainchip tell the companyCould the fall in the share price be attributed to the capital call notice announced on the 11/1/23?
Below is the quote from the announcement...
"
The Capital Call Notice pricing period will begin upon exercise of the put option on or around 11 January, with an anticipated ending date in late March or early April, subject to adjustments based on the share price performance throughout the pricing period.
The issue price for the capital call shares will be 91.5% of the higher of the average daily VWAP of shares over the pricing period (subject to any applicable adjustments) and the minimum price notified to LDA Capital by the Company.
As of the date of the capital call notice, available funding under the agreement amounts to $27.9M while the company is committed to drawing down a minimum of $15M no later than 31 December 2023."
Maybe my understanding is wrong but say hypothetically the weighted volume average is 60cents over the "pricing period" then LDA will only pay 91.5% of the 60cents...
The question is does having a low share price until the end of March or early April favour LDA capital?
Hmmm. I am doubtful but hopeful.I just read that and took a closer look at the people. I'm curious what will come out of the unveiling of this Snapdragon Incredology?
Leonard Lee• 2.Tech Industry & Strategy Advisor dedicated to making you constructively uncomfortable
26 Min.
Hanging out with Alex Katouzian, SVP of Mobile, Compute & XR and Christopher Patrick “Big Island”, SVP of Mobile of Qualcomm at Samsung Electronics’ Galaxy Unpacked 2023 event. Alex promises to that there will be some Snapdragon Incredology unveiled today!
#samsungunpacked #nextcurve #snapdragon #qualcomm
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Say hello to the #Snapdragon 8 Gen 2 for Galaxy: the fastest Snapdragon ever, uniquely customized for Samsung Mobile’s new Galaxy S23 series. With accelerated performance and unparalleled connectivity, it unlocks epic experiences across AI, 5G, gaming, camera, and WiFi and Bluetooth thanks to Qualcomm FastConnect. We’re thrilled to be a part of this exciting new series — congratulations, Samsung! #SamsungUnpacked https://bit.ly/3Jpr1ua
Bye-bye Exynos! Galaxy S23 series uses the Snapdragon 8 Gen 2 globally, and it's a win-win for Qualcomm and Samsung
Samsung isn't offering an Exynos variant of the Galaxy S23.www.androidcentral.com
Hmmm. I am doubtful but hopeful.
This image is from the Samsung unpacked event. They mentioned clearer photos. Not many more details unfortunately.
View attachment 28469
Thanks Iseki. I've always thought that participants in the EAP would have had a use case for AKIDA in mind when they joined up i.e. they were interested in seeing how AKIDA could improve an already existing product. Perhaps this isn't the case for many of them. The 'delays' in signing IP agreements could suggest that they might be modifying their product offerings, or inventing new ones, to take advantage of what AKIDA can do for them (or waiting for the 1500 chip to test). If this is the case then development delays would be natural. On the other hand I can't recall ever seeing a comprehensive list of EAP participants so BRN may not be required to disclose who joins or who departs the program. Only 4 months to the AGM and no doubt many from the 1000 eyes will attend so hopefully we will have a clearer picture after that. CheersGood question.
It is often commented on in 4C's and annual reports that all our EAP customers remain engaged in grasping what akida IP can do for them. My point is that while this remains a slow process, none of them have come out and said something like they are cancelling their EAP and signing up with Nvidia or similar.
Why is this important? Because Nvidia and similar would be promising them the earth.
Umm.. the company has made it pretty clear that they do not see nvidia as a competitorsigning up with Nvidia or similar.
I cant believe that my post got deleted. What should i say.
Whatever your post was: I completely understand the delete just by remembering your last posts...I cant believe that my post got deleted. What should i say.
Maybe one of the EAP's have piked it, I recall Sean mentioning it in an interview but imo he didn't communicate that very clearly so still up in the air for me. I'll check my notes and see if I can find it.
Around the 38 minute mark