CHIPS
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Just curious if anyone has received their SPP offer via email as yet?
I did. Last week via my bank account where I have my stocks. In Germany!
Just curious if anyone has received their SPP offer via email as yet?
Hi Kachoo,So I had a thought about why do the CR now before the IP deals if they are inement.
Say Akida did win on the technical level with a customer.
But on signing and having reviewed all paperwork it was observed that they lack funding. Our companies governance will not do business if your funds don't show you have cash flow available over x number of quarters.
Insolvency riskes are real so basicly now this company will see now that BRN are stable and sign off on the final documents to sing up for the IP.
Remember the IP deal is only worth x dollars once royalties kick in it will go further. So we do need a bank roll.
The second thought is that no IP no money for the next 2 years so we need a cap raise.
Step back and think who as a sophisticated investor would sink in this financing to a company for equity if its the second option on no revenue to come. They will be hard pressed getting half their money back in one year.
They would have had a look under the hood and also had to sign off on no selling for 1 year. So there must have been some interest even the smell of 1 deal to be signed of one would not be enough clearly there is more to it. Imo
How? I thought it’s just for Australians and Neuseelander?I did. Last week via my bank account where I have my stocks. In Germany!
I also wondered about this, but I received a notification by ING DiBa about the capital raise and was asked if I want to buy.How? I thought it’s just for Australians and Neuseelander?
We all have our opinions.Hi Kachoo,
This arguement doesn't make much sense to me.
1) Neither Renesas or MegaChips needed this requirement.
2) We had $40M in funding available from LDA and we have swapped that out for $23M (+$2M from sale of LDA shares)
Yes, the LDA agreement is technically still available but only till the end on this year. After that we are back to heavily discounted CRs at the hands of our New Institutional Overlords.
Thanx folks.
Have started up my only fans feet pic page again in the hope of being able to participate.
Still a little shy, but the first one is free.
DM me for private shows.
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Morning DB,What went on here?
A "Special Crossing T3" trade done at the Credit Raise issue price, for 10.12 million shares, totalling almost 2 million dollars?? ..
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View attachment 67252
Must be the LDA shares, but?..
What went on here?
A "Special Crossing T3" trade done at the Credit Raise issue price, for 10.12 million shares, totalling almost 2 million dollars?? ..
View attachment 67251
View attachment 67252
Must be the LDA shares, but?..
If you want to know the real name of T&J aka t-ball aka dolci aka the dean etc , watch the comment on this postBrainChip on LinkedIn: #neuromorphic #ai #ml #cloud
BrainChip’s Akida #neuromorphic processor IP is designed to mimic the human brain, analyzing essential sensor inputs at the point of acquisition. This enables…www.linkedin.com
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