other material
confidence high
sentiment neutral
materiality 0.50
Glucotrack amends White Lion ELOC: issues 2.5M commitment shares, adds true-up provision
Glucotrack, Inc.
- Amendment dated Aug 7, 2026 to July 14, 2026 ELOC with White Lion Capital, LLC.
- Company to issue 2,505,513 commitment shares within 1 business day after registration statement effectiveness.
- New true-up clause: if Commitment Fee Price < Minimum Price, Company owes up to $1,000,000 minus effective amount within 120 days after Measurement Date.
- Issuance exempt under Section 4(a)(2) and Rule 506(b); shares fully earned on effective date.
- All other terms of the ELOC Purchase Agreement remain in full force and effect.