Aiming to become the global leader in chip-scale photonic solutions by deploying Optical Interposer technology to enable the seamless integration of electronics and photonics for a broad range of vertical market applications

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Message: Regarding the most recent financing terms and conditions etc

Regarding the most recent financing terms and conditions etc

I wonder for arguments sake with the respect to the recent yet to be closed financing what would be the procedure IF the stock actually did exceed the $2.30 price level over 10 consecutive days prior to the 4 month and 1 day hold period indicated below where it states the warrants could be called to be accelerated

 Nodrog16

 

 Portion of News Item for reference

Each Unit will consist of one common share of the Company (a " Common Share(s) ") and one Common Share purchase warrant (a " Warrant "). Each Warrant will entitle the holder to purchase one additional Common Share at a price of $1.15 per Common Share for a period of 24 months following the closing of the Placement. The Warrants are subject to an accelerated expiry if, following the date that is four months and one day after the date of issuance of the Units and prior to the expiry date of the Warrants, the daily volume weighted average trading price of the Shares exceeds $2.30 for ten consecutive trading days.

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