How will the Siafund sale take place?
The best description of the Siafund sale is our Private Placement Memorandum, and we encourage you to read it. In short, we expect to sell up to 750 Siafunds via a modified Dutch auction. We plan to sell the Siafunds at the lowest bid price at which all offered Siafunds may be sold. The lowest successful bid price in the Auction is the “clearing price,” which will be displayed every 30 minutes to promote fairness and transparency.