Non-binding indication of interest for financing to the TAO Group by Blackstone Tactical Opportunities Fund. The transaction involves a $100,000,000 investment structured as preferred stock with a 12% dividend. The investor will receive penny warrants equal to 20% of the fully-diluted equity of HoldCo. The security has a 7-year maturity and is pre-payable subject to conditions.
documents/EFTA00594966.pdf
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