Media ReleasesBrainChip Holdings

View All BrainChip Holdings News


BrainChip Holdings - Capital Call with LDA


• Company submits notice to LDA Capital to sell 8,750,000 shares
• Available amount remaining under agreement of A$34.2 million
• Remaining commitment under agreement of A$9.2 million

Sydney – 16 August 2021: BrainChip Holdings Ltd (ASX:BRN, OTCQX: BRCHF), a leading provider of ultra-low power, high performance AI processor technology today announced that the Company has submitted a capital call notice to LDA Capital Limited and LDA Capital LLC (LDA) to subscribe for up to 8,750,000 shares.

The terms of the Put Option Agreement between the Company and LDA were announced to ASX on 13 August 2020 and 26 October 2020.

For more information, download the attached PDF.

Download this document

Are you a 708 sophisticated investor?

A sophisticated investor is defined under Section 708 of the Corporations Act (net assets of $2.5 million or annual incomes in excess of $250,000).

They are eligible to receive information regarding wholesale investment opportunities that are not available to regular or retail investors.

Please subscribe if you would like to be alerted to these types of opportunities.