Ilay De-Bar
- Buff CEO: "I took the biggest hit in dilution, but it's for the company's best interest"
Buff is raising up to NIS 20 million through a private placement to 14 investors at the expense of the public, which will see significant dilution. The stock has lost 63% since its 2021 IPO, but CEO Ilay De-Bar sees the silver lining: "We needed this time to improve, and investors see that we’re now on the right track."
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