Hello, I have a stock that has entered into a $50 million Common Stock Purchase Agreement through March 2024 with an LLC. I can’t tell if that is a good sign or bad for this particular stock.
I would like any input from what you think as I state my thoughts:
On one hand, that means a company is really interested as this will amount to millions of shares if they go through with all of that.
On the other, an LLC doesn’t sound like a company that is all in on their own DD since they are only going to lose what the company has.
Are these right to assume? Or am I just misunderstanding one/many things about this?
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