Update
$MicroCloud Hologram (HOLO.US)$ Reuters· 2 mins ago
MicroCloud Hologram - Will Issue to Investors Unsecured Convertible Promissory Notes With Aggregate Original Principal Amount of $28 Mln
MicroCloud Hologram - Will Issue to Investors Unsecured Convertible Promissory Notes With Aggregate Original Principal Amount of $28 Mln
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Xuewen99 : I don’t understand this part. Is it good or bad?
Trytosaveabit OP Xuewen99 : Good and possibly bad! I haven’t seen all the details yet! In short HOLO gets the money without putting up collateral! But what’s the interest? Or how many shares and at what price could be used to pay it back? What is the payback time?
Daight : is this considered bad news?
Trytosaveabit OP Daight : Read above
Daight Trytosaveabit OP : damn we post at the same time.![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
Kevin Matte : poeple in 'Stocktwits' are bearish about that mostly. They said "more dillution" and that "we have more stock for 50M"...
Trytosaveabit OP Kevin Matte : Yeah it could be dilution? But I haven’t seen the details yet! But that’s why I said it could be and is both good and bad! But the bad could be even worse depending on details! Hehehe. GL to ya![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
Xuewen99 Trytosaveabit OP : Thanks. A lot of information is not clear. Let’s see how!
Darkwing Duck : due 2025
Trytosaveabit OP Whispr : Yes they get money! But in return at least in short term. It will cause price to drop. And I suspect they will end up having to another R/S? And after, more dilution will probably come?
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