GlucoTrack to issue 2,505,513 unregistered shares to White Lion Capital under stock purchase agreement amendment
GCTK•Issuance terms and potential cash true-up
The shares are due within one business day of the resale registration statement becoming effective, and pricing is tied to the agreement’s Minimum Price.
If the Commitment Fee Price falls below the Minimum Price, GlucoTrack must pay a cash true-up within 120 days of the Measurement Date.
Amended equity line agreement with White Lion Capital
GlucoTrack entered an amended equity line deal with White Lion Capital, issuing 2,505,513 unregistered common shares as a $1 million commitment fee.
