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Brainchip Holdings Announces New Capital Call Notice Under Continuing Agreement with LDA

14 Jan 2022  |  09:33:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: New Capital Call Notice under continuing agreement with LDA

BrainChip Holdings announced that the company has submitted a capital call notice to LDA Capital and LDA Capital LLC (LDA) to subscribe for up to 15,000,000 shares. The terms of the Put Option Agreement between the Company and LDA were announced to ASX on 13 August 2020 and 26 October 2020 (First Amendment) and again on 13 October 2021 (Second Amendment). The Capital Call Notice will consist of two pricing periods, each ending with a closing date.

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