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OFA Group changes its preferred-share deal and brings in L&H Capital.

New sharesRead the original at tradingview.com
Bad for OFAL

OFA Group lowered the conversion-price floor from $2.00 to $0.20 per share, which could let investors receive more shares and shrink current owners' portions. L&H's $270,000 purchase brings in cash, but conditions and a deadline still apply.

OFAL · OFA Group

AI read · Bad for OFAL

The AI's read

The lower floor could let preferred-share investors receive more OFAL shares for the same amount of money. That could shrink existing owners' portions. L&H's $270,000 purchase brings in cash, but it does not remove that risk. The amendments also must take effect by November 30, 2026, or they end.

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