Forum Topics TEA cap raise
SayWhatAgain
Added 9 months ago

The issuance price of $3.50 doesn’t quite align with current valuation….not sure how to take this. Seems a bit overconfident (?)

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rh8178
Added 9 months ago

Looks to be part of the mechanics of the recent acquisition - they are escrowed till 6/26. Assume it was just part of the negotiation - keeps an incentive for incoming management of the acquisition to keep their eye on the ball perhaps? i.e. they help get the share price to that point.

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