Ethernity Networks Ltd. (GB:ENET) has released an update.
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Ethernity Networks Ltd, a front-runner in data processing technology for networking, has provided details on the warrant exercise price calculation method as per their Structured Investment Deed with New Technology Capital Group. The initial 45-day period for exercising the warrant at a fixed price has ended, and subsequent exercises will be based on a 15% discounted average of the lowest five daily VWAPs of the last twenty trading days. Ethernity emphasizes that all other terms of the Investment Deed remain unchanged.
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