AISIX Solutions Updates Financing Terms for Planned Lemarg Combination
Bitget2026/11/04 23:31- Lemarg plans to raise $1.5 million to $2 million through subscription receipts priced at $0.27, a condition of its Aisix Solutions combination.
- The combined company will operate Lemarg’s insurance-focused restoration and property claims business under the proposed name Lemarg Group.
- Current Lemarg shareholders will own approximately 51%; existing Aisix shareholders will hold 49%, excluding financing, debt-settlement and milestone shares.
- Lemarg shareholders could receive up to 8,529,376 additional common shares upon completion of specified milestones.
- Aisix plans to settle $454,390 owed to 1821 Capital through approximately 1,682,925 combined-company common shares at $0.27 each.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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