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Spectra7 Microsystems Inc V.SEV

Alternate Symbol(s):  SPVNF

Spectra7 Microsystems Inc. is an analog semiconductor company. The Company delivers analog semiconductors at a bandwidth, speed and resolution to enable disruptive industrial design for electronics manufacturers in virtual reality (VR), augmented reality (AR), mixed reality, data centers and other connectivity markets. It creates silicon products that enable copper cables to be longer, thinner, lighter and run at higher performance levels. Its family of products features a patented signal processing technology used in the design of active cables and specialty interconnects in data centers, VR, AR, and other connectivity products. It provides chips, such as HT8181 HDMI 2.0 In-Cable Equalizer, VR8200 Ultra-High-Speed DisplayPort Embedded Interconnect Processor, VR8300 Ultra-High-Speed DisplayPort Embedded Interconnect Processor, VR8050 Interconnect Processor, VR8051 Interconnect Processor, GC2502 Data Center Cable Processor, and GC1122 Dual Channel 112Gb/s PAM-4 Linear Equalizer.


TSXV:SEV - Post by User

Post by ACCMANon Apr 13, 2021 12:37pm
185 Views
Post# 32985602

about a year ago ABL was shelved as covid-19 hit

about a year ago ABL was shelved as covid-19 hitso why no ABL now? what happened to patent finacing from Ocean Tomo, hard to say, but if we had gotten this I think the expectation would have been for $25 million or so, instead we got the extension of the $12.775 million 7% unsecured convertible debentures, and we got we couple of PP's, $4.6 million and now $6.6 million, so there is the $25 million, only it came with much cost in terms of dilution, mostly by way of warrants issuance and having been done at such a miserable PPS as .03
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