RE: Quietly confident28 Aug 2021 00:13
"The Company has entered into an agreement ("Term Sheet") with the Italian Banking Group and the Fintech Bank which envisages:
1. the signing of a commercial agreement to manage both the origination of new Client companies and a multi-annual inventory funding plan; and
2. the execution of a first inventory monetisation transaction involving a portfolio of Italian Client Companies.
Simultaneously to the successful completion of the arrangements above, Supply@ME will acquire up to 10% of the Fintech Bank"
Cearly syme think it will generate enough revenue to fund the purchase. Also it does say Up to 10%, doesnt mean we will take the full lot. I bet the percentage will depend on the suze of the 1st IM tranche.