RE: Why Brainspark suddenly10 Sep 2024 19:54
You posted this below yesterday Brew, have you forgotten?
'do you mean a placement for Brainspark, or for QBT?'
As per Brainsparks results, it is dependent on funding from QBT, and QBTs basis for being a going concern is based on its ability to raise funding via an AIM placing (or though other external sources (non dilutive funding, revenue, Sipiem settlement would all fall under this category of money via external sources).
The audited accounts specifically mention this. So yes, Brainspark is reliant on QBT raising money, so a QBT placing.