I hope I am wrong about this actually being possible.
After all, something of the sort actually happening would be utterly disastrous for 25%+ of my current equities investment portfolio placed here in support of my investment with NanoXplore.
Should NanoXplore representatives intend to have NanoXplore "directly raise" 25% of the overall $500 Million worth of capital required for the buldout of the initial 2GWH manufacturing capacity battery cells facility (remember that 75% or $375 Million of the overall $500 Million capital required will be raised by way of "a debt issuance component" and also "a government support component", which the company currently has visibility on), we could be looking at a more than 33% hit or $125 Million worth of dilution to our respective NanoXplore investment equity value.
When during the Q4 and fiscal 2023 year end conference call Mr. Nazarpour suggested that they were targeting for a the VoltaXplore finacing package to be completed by the end of the year and were at that time closer to "creating a financing package that will be the most beneficial to our shareholders" and to the future of our business (and I could possibly be closest to directly quoting him here), there is no way Mr. Soroush Nazarpour could have been meaning to suggest that "the most beneficial to our shareholders" would ever mean A Potential Hit Of Upwards of 33% Equity Dilution Going Forward?
The VoltaXplore investment enterprise ultimately issuing VoltaXplore balance sheet debt and issuing VoltaXplore class A shares to boot, the remaining apportioned amount (45%) of which and the determined per share value of which would quite favorably accrue to NanoXplore's balance sheet . . . Suffice to say that would be one particular most positive outcome to this VoltaXplore created financing package, a outcome which would be (to quote Mr. Nazarpour) "the most beneficial to our shareholders".