BRN Discussion Ongoing

[Diogenese]

Consolidation has never been positive in my 20 odd years experience. ALWAYS leads to dilution at some point from what I have witnessed. Worse still is consolidated notes. If any company you are involved with issues these it is time to get out.......it is the death rattle. Never seen a company come out of these it is just a golden handshake for the BOD. Take my advice but DYOR

But was the consolidation tied with a change of domicile and registration on a new exchange?

This is different from a consolidation where the board has kept the boat afloat by issuing more shares, while selling off the klinker boards down to the water level or below.

 

[rgupta]

BRN Institutional Ownership and Shareholders - BrainChip Holdings Ltd (ASX) Stock

BRN Institutional Ownership and Shareholders - BrainChip Holdings Ltd (ASX) Stock

fintel.io

Scroll down to the section titled

13F and NPORT Filings​

Then you will see institutional ownership amounts and vanguard owns over 50mil across multiple funds. Here's an example of just 2 Vanguard funds which hold over 25mil between the two of them.

View attachment 78282

Really sorry dear, there is nothing clear from this screenshot. Even there is no brn mentioned anywhere.
Brainchip told us they will release top 20 holders with each 4c but they are tentatively keeping it in hiding from broader market.
As per known lists till date there is no mention of vanguard and associates in top 20.
May be they invested with another NDA that brainchip will not show top 20 to anyone.
Dyor

 

[GazDix]

Elon Musk is in Texas

That could be a goer, as their listing requirements are likely to be much softer than the NASDAQ, at least initially, to get Company's moving there.

Yes Dingo.

Also, hearing murmurs in my experience working in Web 3 the last few years, Blackrock are the main backers behind it and are trying to tokenise everything at the moment.
It is possible that all this old fashioned convertible notes business will be a thing of the past. Best case scenario, is that our shares stay exactly where they are with Boardroom and are tokenised and converted digitally (on Blockchain) onto the Texas SE. When we buy/sell our shares, it can all be done in AUD and converted digitally and automatically.

Tokenisation is already happening mostly with Real Estate but this space is moving fast.

 

[Pom down under]

 

[Pom down under]

 

[TheDrooben]

But was the consolidation tied with a change of domicile and registration on a new exchange?

This is different from a consolidation where the board has kept the boat afloat by issuing more shares, while selling off the klinker boards down to the water level or below.

Boart Longyear was a doozy......1000:1 consolidation I think from memory. Went to Canada I think but yeah a mining company so different sectors make a difference. Time will tell.......again

 

[Senung Sekali]

Hey! Layman here,

So I hold 1411 shares in BRN. I have seen the news. I also have seen that if people hold their shares will likely transfer over to the US stock exchance under the new company. I have also now seen this:

Shareholders holding less than $500 of shares could be offered a facility through which to sell their shares in the new US parent company upon completion of the re-domiciliation

I personally wouldn't mind just holding onto the current shares into the new. If this does happen, will I have a choice to hold? Will I have to sell etc? I currently hold these shares through CMC market.

Excuse my very elementary, limited understanding. I am very new to all of this and just bought roughly $500 worth of BRN recently. My investment strategy so far has been to just hold everything that I buy, don't sell and/or trade anything and I would like to continue doing so.

Thank you for any feedback regarding this.

 

[Pom down under]

Germany SP is up 15% so the market must like the news

 

[manny100]

Those with shares in super funds will be hoping the funds do the right thing.
The funds actually hold the shares in their name on a members behalf. The member can buy and sell them etc. The fund gets the voting rights etc.
For example Australian Super is a huge fund and would have a quite a few members holding BRN.
The US shares will be issued to Australia super on members behalf.
Not sure whether the fund will sell them and credit the funds to members accounts or allow members to hold them within the fund. In Australian Super case its Members Direct.
I would be asking to see fund guidelines. Funds will want to take the easy way out.

 

[7für7]

Me, carefully reading through all the posts and still having no damn clue what’s going on in the end.

 

[rgupta]

Funny how quite a few people on here are being negative about a possible move to the NASDAQ. Before this announcement it seamed as though most were favourable for this and now you're all starting to get worried about it. I personally support the idea.
Also, I don't see how a consolidation of shares (ie 30:1) would have a negative impact on shareholders as the SP of the consolidated shares would higher by the same multiple?

The fear is not about Nasdaq listing but the way they want to implement things. Like there will be no adr on asx. We are finding it difficult other than LDA to raise capital and want to list on NASDAQ.
So unless the management comes out with a definitive strategy and a road map fear is the most understandable thing.
On top on a few occasions management is not very transparent with the holders either.
Dyor

 

[Frangipani]

Germany SP is up 15% so the market must like the news

That’s not true:

Tradegate Exchange

Tradegate Exchange, AU000000BRN8, Brainchip Holdings Ltd.

www.tradegate.de

 

[Pom down under]

Not true:

Tradegate Exchange

Tradegate Exchange, AU000000BRN8, Brainchip Holdings Ltd.

www.tradegate.de

View attachment 78289

 

[TheDrooben]

But was the consolidation tied with a change of domicile and registration on a new exchange?

This is different from a consolidation where the board has kept the boat afloat by issuing more shares, while selling off the klinker boards down to the water level or below.

You can also look at Genetic Technolgies (ASX GTG) a company which I held shares in about 10 years ago but sold out due to personal reasons (luckily)...they were looking at DNA pre-determined Breast Cancer diagnosis.......delisted and went to NASDAQ........diluted and diluted and now bought out for a song. You can also look at Tritium. Not saying this will happen to us............everyone is worried about the Chinese buying companies out cheap.......I worry that the US play even dirtier tactics to get want they want......hence my stance on a dual listing to start with

 

[7für7]

Germany SP is up 15% so the market must like the news

Pur guy… you must have a deep shock after this announcements… in Germany we are deep red as well ! It’s still the good old year 2025 Marty…

 

[Pom down under]

Pur guy… you must have a deep shock after this announcements… in Germany we are deep red as well ! It’s still the good old year 2025 Marty…

View attachment 78291

Currently 4% down after opening close to 8%, would be surprised if we end up green in a few weeks time

 

[The Pope]

Me, carefully reading through all the posts and still having no damn clue what’s going on in the end.



View attachment 78288

Me, carefully reading through all the posts and still having no damn clue what’s going on in the end.



View attachment 78288

Looks like you need to have a serious chat with dickleboro as he is always on point.

 

[GStocks123]

A potential new parter- Complexio

Edge AI Engineer – Ultra-Fast Inference on Embedded AI Devices (m/w/d) all levels

eworker.co

 

[Labsy]

If I were to speculate, perhaps they have secured a deal involving the U.S. military, or big corporate and remaining listed on the ASX would require disclosures that they’d prefer to avoid under its rules..? Lol...

Otherwise such a random timing....

Nailed it That's my hunch.
Big NDA they don't want to risk breaking under our shit asx disclosure rules...
I think this is huge! There is no way we are ready for this unless.......
Here we go...this will seperate the big boys and girls from the the little cry babies ...
I push my chips all in and CALL !......
Nervous and exciting times ahead.... 🫣

 

[DingoBorat]

You can also look at Genetic Technolgies (ASX GTG) a company which I held shares in about 10 years ago but sold out due to personal reasons (luckily)...they were looking at DNA pre-determined Breast Cancer diagnosis.......delisted and went to NASDAQ........diluted and diluted and now bought out for a song. You can also look at Tritium. Not saying this will happen to us............everyone is worried about the Chinese buying companies out cheap.......I worry that the US play even dirtier tactics to get want they want......hence my stance on a dual listing to start with

I understand why they need to get away from the "cloud" of ASX reporting requirements (in a good way) so can see why a Dual Listing, won't meet their objectives.

My biggest beefs, are that I don't want consolidation, or big dilution.

That seems assured, with a NASDAQ listing.

If it's going to be the New Texas Exchange, the TXSE (which is maybe premonitionarily close to TSEx )
That's potentially, a much, much, much, better outcome.

Maybe initial listing requirements of one USD?..
We have some substantial progress here, a bit of pressure on shorts, get the AUD price comfortably above $1.50, over the next 10 to 12 months..

The Company would be mad, to not take advantage of the listing, to raise additional capital for the home stretch, say 100 to 200 million additional shares, to well and truly shore up finances?

No consolidation and an after listing float of around 2 billion shares.

I'd be happy with that.