Post by
1hot-techwoman on Nov 16, 2022 7:09am
Imperial invested $127 Million at $0.81 per share in 2019 !!
So do they buy the rest of the company now for nothing???
https://www.globenewswire.com/news-release/2019/07/25/1887830/0/en/Auxly-Welcomes-123-Million-Investment-and-R-D-Partnership-with-Imperial-Brands.html
Comment by
WashingShares on Nov 16, 2022 1:34pm
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Comment by
CorpFMan79 on Nov 16, 2022 3:01pm
Imperial loqned the company $127MM. They have the option to convert it to shares at $0.81. The lack of umderstanding on this deal is why shareholders have lost money.
Comment by
WashingShares on Nov 16, 2022 4:18pm
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