RE: Commercialisation of Nuvec2 Apr 2025 13:40
Well he put the time frame of 3 years for the warrants to be excersised.
Who is buying the shares ? Will the other shares be on the open market.
He has taken some advise to try and lock in shareholders. I did suggest that.
But every placement has been at the wrong time and at the lowest possible price.
So we have really had no update since last year.
Each placing and subscription share will have one warrant attached, exercisable at 0.8p for a period of three years from the second admission date (the "Fundraising Warrants"). The issuance and exercise of all Fundraising Warrants will be conditional upon the passing of the necessary resolutions at the General Meeting.