Like this too but don't understand share structure ...A little help. So they are issuing $50 M of sub shares and another $200 M in an offering to come.
70% ownership of company is non sub shares ? So will it be just the traded shares that get diluted ? This is probably wrong as it does not make sense.
Looking to maybe taking a position after offering when I understand how dilutive this is. Sounds like a great acquisition though.