other material
confidence high
sentiment negative
materiality 0.60
Invech Holdings enters equity financing with GHS Investments for up to $10M at 80% discount
Invech Holdings, Inc.
- GHS will purchase up to $10M of common stock via puts over 24 months after registration effective.
- Purchase price is 80% of the lowest traded price during the prior 10 trading days.
- Each put limited to $500k; capped at 200% of avg daily dollar volume and 4.99% beneficial ownership.
- Company issues 0.5% commitment shares at 95% of VWAP as equity incentive.
- Investor prohibited from short sales during the agreement term.