Ribbon Acquisition unveils financing package for DRC Medicine deal
Ribbon Acquisition unveiled financing with Meteora for its business combination with DRC Medicine: a $100 million SEPA, a $1,212,121 prepaid convertible note funded with $1,000,000, and an OTC equity prepaid forward (details truncated).
Ribbon Acquisition unveiled a suite of financing arrangements with Meteora to support its business combination with DRC Medicine.
The package includes a $100 million Standby Equity Purchase Agreement, a $1,212,121 prepaid convertible note funded at $1,000,000, an OTC equity prepaid forward for up t…