RE: AMTE16 Nov 2023 23:57
@Tro, lol, check your browsers name, and I will see if it has options to turn off playing media ads, and how to find your ad blocker.. Then we can see how to turn your ad blocker on and off so you can get those live charts & prices without all the fuzz..
@PortfolioPower, I looked back and noticed it was a recent IPO, scary stuff..
I can imagine the CLN will be forward sold before conversion too, sell high, convert low, and sell high again..
Only funds until Q2
The proceeds of the Subscription, net of expenses, are expected to provide the Company with working capital until the second quarter of 2024, at which point it is the intention of Pinnacle either to provide additional equity or debt funds, or facilitate the access to such funds.
147,058,824 "Subscription Shares" at 1.7 p each and granted warrants, , exercisable over a further 880,184,436 Ordinary Shares at 0.5 pence each,
80,000,000 shares to raise a further £400,000 at 0.5 p (the "Placing");
a £200,000 convertible loan facility, again at 0.5p, so another 40m shares
Up in the morning to watch this play out