Post by
Possibleidiot01 on Aug 13, 2020 7:11am
equity raise
Company with no debt , and over $22 million in cash does equity raise for $20.4 million. Interesting..
Done with 49 cent discoun to $6.49 stock price
Comment by
Possibleidiot01 on Aug 13, 2020 10:04am
Upsized by almost 40% to $30 million.
Comment by
Aquaman11 on Aug 13, 2020 2:15pm
Someone's gotta know a little more than the average investor to put that kind of money and acquire 10% stake in the company. Could this allow them to buy NevadaNano outright!? Next weeks, months and years just got that much more interesting! Could help make BLN an absolute leader in the field ...and a prime target for an acquisition by a large corporation!?
Comment by
Possibleidiot01 on Aug 25, 2020 4:27pm
I wouldn't take it for granted that it's just one purchaser - could be, but it also could be a number of purchasers combining to make up the upsized offering. Still an impressive amount of money raised.