Sep. 30 at 9:24 PM
$LPA On September 23, 2025, the Company entered into a Share Purchase Agreement (the “SPA”) with New Circle Principal Investments LLC, a Delaware limited liability company (“New Circle”). Under the SPA, the Company has the right to issue and sell to New Circle up to
$30.0 million of its ordinary shares, par value
$0.0001 per share (the “Ordinary Shares”) subject to certain limitations and conditions set forth in the SPA, from time to time, over a 36-month period. Sales of the Ordinary Shares to New Circle under the SPA, and the timing of any such sales, are solely at the Company’s option, and the Company is under no obligation to sell any Ordinary Shares to New Circle under the SPA.
very bad news
