FJ-215
Regular
No need to assume manny, it's done....As at 28th April LDA were listed in the top 10 holders with around 36.9 mill shares still to drip feeding into the market.
I assume the drip feeding is still taking place.
See Listcorp Brainchip top 50 as at 28th April 2025.
BRN June 2025 4C
Corporate Update
On 6 January 2025, BrainChip announced the fourth amendment to the Put Option Agreement
(POA) with LDA Capital. The Company issued 40 million shares to LDA Capital and agreed to
raise a minimum of AU$20 million, no later than 30 June 2026. On 23 March 2025, BrainChip
issued a Capital Call Notice to LDA Capital to subscribe for 40 million shares in accordance with
the POA. The capital call remained open as at 30 June 2025, however closed post quarter-end on
24 July. The Company received AUD $8,235,958 for a subscription price of AUD $0.2059 per
share.