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RE: LeoThread 2024-08-22 08:26

in LeoFinance4 months ago

Obviously, this is a term sheet — it’s not yet final. There are a lot of things that would need to happen for the pay-to-play/cramdown to work. What do you think are the chances this is approved?

I hope this goes to conclusion. We’ve worked very hard on this. There’s been six months of thinking and working and tracking. We believe that what we bring to the table as a firm and what Bolt has can lead to some amazing new activity. I think there’s a lot of value for all the shareholders. I think a lot of folks have got it quite wrong. We’re simply asking that existing shareholders show that they’re committed to the future of what this journey looks like. Right?