other material
confidence high
sentiment negative
materiality 0.70
Ozop Energy enters equity line with GHS Investments for up to 150M shares at 85% of VWAP
OZOP ENERGY SOLUTIONS, INC.
- Purchase agreement allows Ozop to sell up to 150M shares over six months ending July 18, 2023.
- Purchase price set at 85% of lowest daily VWAP during a 10-day valuation period.
- Volume limits scaled by stock price: up to 200% of avg daily volume if VWAP > $0.035.
- Investor may not exceed 4.99% beneficial ownership; no short selling allowed.
- Settlement occurs one business day after valuation period; shares delivered as DWAC.