other material
confidence high
sentiment neutral
materiality 0.60
BioSig enters $5M equity line with Lind Global; can sell shares at 95% of VWAP
Streamex Corp.
- Enters Equity Subscription Agreement with Lind Global Fund III for up to $5.0M of common stock over 36 months.
- Shares sold at 95% of lowest daily VWAP during a 5-day pricing period; company controls timing and amount.
- Issued 108,542 commitment shares as consideration; investor's beneficial ownership capped at 4.99% (can increase to 9.99% after 61 days).
- Exchange cap of 4,605,765 shares (19.99% of outstanding) unless stockholder approval or average price ≥$0.88 per share.
- Maximum of 10,000,000 shares overall; no minimum advance, no non-usage fee.