iambaron
Nov 14, 5:20 PM
$RAIN If
$5M is curated from Flume Ventures that leaves
$20M. This will not be done through any ATM dilution. This will close on or right before the closing or the merger. Any dilution (up to
$1.2m which was probably done Friday) is minimal.
The details of this funding is completely unknown. It could have lockup agreements, it could be share based, nobody really knows. All we know is it won’t affect anything until possibly the time of closing.
Randy and Harry have the connections… Broadcom, EMC, HP, etc… pretty perfect for Tensor, especially in light of all the recent AI hackings
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