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What is the Third Amendment to BrainChip's Financial Agreement with LDA Capital? — ASX:BRN| ASX Mining News & Discussion
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Lykeshares Official
$BRN What is the Third Amendment to BrainChip's Financial Agreement with LDA Capital?
BrainChip Secures Capital Boost with Put Option Agreement Amendment

Sydney, January 3, 2024 - In a significant move to bolster its financial position, BrainChip Holdings Ltd, a leader in neuromorphic artificial intelligence technology, has announced a strategic amendment to its existing financial agreement with LDA Capital LLC. This move is set to provide the company with a substantial capital influx and enhance its capability to invest in growth initiatives.

BrainChip's Strategic Financial Maneuver

BrainChip Holdings Ltd has entered into its third amendment with LDA Capital LLC concerning their Put Option Agreement (POA). This amendment extends the company’s access to capital until December 2024, ensuring a steady flow of funding for its upcoming projects and operational needs.

Commitment to Minimum Drawdown

Under the new terms, BrainChip is committed to a Minimum Drawdown of $12 million AUD by the end of 2024. This follows the company’s ongoing efforts to draw down the remaining $2.7 million AUD, a ...
What is the Third Amendment to BrainChip's Financial Agreement with LDA Capital?

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Lykeshares Official
Berkshire is hoarding so. much. cash.
Berkshire is hoarding so. much. cash.
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Lykeshares Official
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore.

There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can ...
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore. There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can rush, it’s a complex, slow-moving process that takes years of precision and experience. Intel could recover some ground eventually, but framing them as the savior of American chipmaking feels more like a political talking point than a practical reality.
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Lykeshares Official
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
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Lykeshares Official
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
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Lykeshares Official
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
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Lykeshares Official
🔺 Student Loan Delinquencies Hit Record 12.9%...
The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
🔺 Student Loan Delinquencies Hit Record 12.9%... The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
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Lykeshares Official
$ASN Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?
Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?