Brief: T Stamp Received Letter On ICE Intent To Terminate Modified Contract Initially Awarded On Sept. 23, 2021

T Stamp

18/08/2022 21:31

Aug 18 (Reuters) - T Stamp Inc  IDAI.O :
    * T STAMP - ON AUG. 17, RECEIVED LETTER ON IMMIGRATION AND
CUSTOMS
ENFORCEMENT INTENT TO TERMINATE MODIFIED CONTRACT WITH ICE
INITIALLY AWARDED ON SEPT. 23, 2021
    * T STAMP - WILL BE PAID A PERCENTAGE OF COMPENSATION DUE
UNDER
ICE CONTRACT REFLECTING PERCENTAGE OF WORK PERFORMED
    * T STAMP - TO ENTER INTO AGREEMENT WITH INSTITUTIONAL
INVESTOR
WHO MAY PURCHASE CONVERTIBLE PROMISSORY NOTE OF $6 MILLION,
WARRANTS FOR CASH
    * T STAMP - INVESTORS WOULD BE SENT A VOTING AGREEMENT
RELATED TO
THE SECURITIES PURCHASE AGREEMENT

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