Atlantis will get an initial investment of £2 million for new shares with the value of £2.09 million on or around 17 December 2020.
Additional investments of three tranches of £2 million each will come for new shares with the value of £2.09 million per tranche, approximately three, six and nine months after the initial investment.
Atlantis may also obtain further additional investments from the investor, in an aggregate amount of up to £4 million, with the consent of the investor, for new shares with the aggregate value of £4.18 million after the initial and subsequent investments.