Chapter 1141
Chapter 1141:
This meant that unless an exception was made, Millie and Charles would automatically have the first chance to buy into the new shares, and only whatever remained would be available to everyone else.
Yaroslav Technology only needed another $150 million during this new round of funding. If Millie and Charles wanted, they could easily cover the entire amount, leaving no room for anyone else to participate.
The contract did include preferential rights. Only existing shareholders had the privilege to invest first in the next funding round. That clause changed everything.
If Charles and Millie decided to secure the entire $150 million this round, no one else would get a chance to join. The problem was that no one knew how much Yaroslav Technology would plan to raise in the next round. If the current shareholders exercised their priority rights again, other investors would be completely shut out and unable to get even a small piece of the deal.
This meant that the general public wouldn’t have any opportunity to take part in the funding at all.
Yaroslav Technology had only a handful of shareholders. The main ones were Foley and Spencer. The mysterious third investor turned out to be one of Foley’s relatives, and they all followed his lead.
Now it was entirely their decision whether to open the door to new investors.
“Millie, what do you think? Should we let newcomers in?” Charles asked.
Millie stood by the tall window, her eyes fixed on the city below.
“Let’s arrange a meeting with Foley and Spencer,” she responded.
“Alright.” Charles gave a quick nod and moved to make the arrangements.
Millie’s decisions had always led to opportunities that benefited him tremendously. This made him very protective of their friendship.
Millie set down her phone and gazed out the window, deep in thought.
Her growing influence in the business world meant that those who had once stayed hidden would soon reveal themselves. They wouldn’t allow her power to keep growing because they feared that if she became too strong, she might uncover the truth behind her father’s death and have the strength to strike back.
𝓒𝓱𝓮𝓬𝓮 𝓬𝓱𝓪𝓹𝓉𝓮𝓇𝓈 𝒊𝓷
They were bound to make a move sooner or later.
This was her chance to find them and finally bring justice to her father and the Bennett family.
Yaroslav Technology released an official statement on its website, outlining the details of the new $150-million funding round. The announcement covered the usual items, though most were standard disclosure details, including the clause granting existing shareholders first investment rights. Everyone in the business world knew about that clause.
Yaroslav Technology was still in its Series A stage and hadn’t gone public yet. It wasn’t the kind of company where you could just pull up an app, enter a stock code, and buy shares. Everyone understood that.
With the announcement out, all terms had been clearly stated, fulfilling the company’s duty to disclose information. The main point of discussion was the priority investment clause. It wasn’t only drawing attention from Babette and the Elliott Group—countless others were also watching closely.
Babette had already cashed out her overseas assets, received the funds, and started repaying the people who had lent her money. To mark the occasion, she threw a small celebration. She kept the truth hidden well, so everyone assumed she’d earned a massive profit from a successful deal and showered her with praise.
“You’re incredible, Babette! That must’ve been a huge win p>