Post
Topic
Board Securities
Re: [HAVELOCK] Bliss Devices - Scrypt ASIC, IPO Monday May 22nd 11 AM EST
by
pchen_blissdevices
on 27/05/2014, 05:09:23 UTC
Yes, of course.  If we complete Round 1, we will aggressively pursue other funding sources.  Typically it's the hardest to close the first round -- investors don't like to feel alone.  There is definitely a risk of not being able to complete the funding to cover NRE, which is built into the price discount, however, remember that Round 1 investors also get highest liquidation preferences if we were to sell our IP assets.