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First Tidal Acquisition Corp T.AAA


Primary Symbol: V.AAA.P

First Tidal Acquisition Corp. is a Canada-based capital pool company. The Company's principal business is the identification and evaluation of a qualifying transaction and once identified or evaluated, to negotiate an acquisition or participation in a business subject to receipt of shareholder approval, if required, and acceptance by regulatory authorities. The Company has not generated revenues from operations.


TSXV:AAA.P - Post by User

Comment by edxon Mar 12, 2014 6:16pm
134 Views
Post# 22316181

RE:RE:RE:RE:RE:Afreximbank financing criteria

RE:RE:RE:RE:RE:Afreximbank financing criteria
bob_ten1 wrote: You missed my point. The equity portion will need to be raised . It doesn't mean it all needs to be raised now at .42 as suggested by some of the bashers like mylar .  When they start announcing debt commitments the stock price should rise .


I got your point. But let's suppose we raise $100 million at $1 per share. That's still a lot of dilution. At $1.50 per share? That's still a lot of dilution.
If we get north of $550 million from Afreximbank, then this is purely academic.
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