other material
confidence high
sentiment neutral
materiality 0.40
High Sierra Technologies signs Boustead Securities for potential IPO and financing
High Sierra Technologies, Inc.
- Agreement with Boustead Securities signed Nov 9, 2022 for pre-IPO financing, IPO, and corporate transactions.
- Boustead may act as underwriter; company not obligated to complete any transactions.
- Boustead granted irrevocable right of first refusal for ~2 years post-termination as sole investment banker.
- Term ends 18 months from date, 12 months after IPO closing, or mutual agreement; 12-month tail for fees.