Hi
Perhaps you can shed some light on something like this if your time permits... Serie A investors, per contrat, failed to put in additional funds that they have agreed to do. This occurrence has created financial hardship for the company and the founders are scrambling around to find for additional capital to finance the completion of the 510K with the FDA, and fund manufacturing, sales and marketing efforts. The contract is null and void due to non performance by Serie A investor, and the founders are upset and want to find a solution to replacing Serie A investors. I would appreciate some insights to this particular situation. Thank you.
Hi
Perhaps you can shed some light on something like this if your time permits... Serie A investors, per contrat, failed to put in additional funds that they have agreed to do. This occurrence has created financial hardship for the company and the founders are scrambling around to find for additional capital to finance the completion of the 510K with the FDA, and fund manufacturing, sales and marketing efforts. The contract is null and void due to non performance by Serie A investor, and the founders are upset and want to find a solution to replacing Serie A investors. I would appreciate some insights to this particular situation. Thank you.
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