What's Going On With Novo Integrated Sciences Stock On Friday?
What's Going On With Novo Integrated Sciences Stock On Friday?
On Friday, Novo Integrated Sciences Inc (NASDAQ:NVOS) announced it received notice of the commencement of disbursement for the complete monetization of a Standby Letter of Credit (SBLC).
週五，Novo Integrated Sciences公司（納斯達克：NVOS）宣佈收到備用信用證（SBLC）完全變現的發放通知。
The initial disbursement represents the first payment per the arrangement, creating a release of lien and resulting in the subsequent final advance to the company.
初步發放代表了安排的首筆付款，釋放留置權，並導致隨後對公司的最終支出。
With this initial disbursement, the company expects final distribution to follow on or before Aug. 2.
通過此次初步發放，公司預計將在8月2日或之前進行最終分配。
As previously reported, the company entered into an application for the monetizing program whereby the company is projected to receive gross funding proceeds of approximately $78 million under the SBLC monetization program.
正如先前報道的那樣，該公司已進入變現程序的申請，根據SBLC變現計劃，該公司預計將獲得大約7800萬美元的總資金籌集款項。
Robert Mattacchione, Novo's CEO and board chairman, stated, "The commencement of distribution marks the first payments in the process of full monetization of the SBLC. This step will now lead us to receiving our full expected payout as identified in the transaction documents. We look forward to engaging in our intended initiatives."
Novo的首席執行官兼董事長Robert Mattacchione表示：“開始分配標誌着SBLC完全變現過程中的首筆付款。這一步驟現在將引導我們獲得如交易文件所示的全額預期收益。我們期待參與我們的推薦計劃。”
Price Action: NVOS stock is up 9.56% at $0.66 at last check Friday.
價格行動：NVOS股票截至上週五最後一次查看上漲9.56％至0.66美元。
Photo: Shutterstock
Photo: shutterstock