other_material
confidence high
sentiment neutral
materiality 0.70
Odyssey Health enters $25M equity purchase agreement with Mast Hill Fund
Odyssey Health, Inc.
- Entered $25M equity purchase agreement with Mast Hill Fund; shares sold at 97% of VWAP discount.
- Company may direct Mast Hill to purchase up to $500K or 20% of avg daily trading value per put.
- Agreement runs 24 months; company can terminate anytime without penalty.
- Proceeds for general corporate purposes, working capital, R&D, and officer compensation.
- Mast Hill beneficial ownership capped at 4.99%; no short selling or hedging allowed.
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