RE:Expansion.... Why do they have to dilute ?
there current fasility and produce enough for 80 million+ A year at 3.99$ a pack.
they have funding from horizon, and there marketing so far has cost a minimal amount.
if sales are as good as they seem then dilution won't be needed.
Now if they buy a new facility and are able to make say 10x production ( just a guess, why by anything less really). Then we could be loooking at the possibly of producing around a billion in sales.
they will dilute for there employees that have warrants, approximately 17 millions shares buy 2025, but it's not guaranteed to happen as those employees stil need the cash to exercise the warrants and they may not have it.
so dilution may not need to be an option as long as they can move the product efficiently, make revenue, invest that revenue plus the money from the private placement into a new facility, then make the big bucks and avoid issue in new shares.
look at beyond meat, they have a product that is much more complicated to produce with smaller profit margins and they managed to not have to dilute much at all and there doing great right now.
Taat isn't complicated, it just buying the machines and having the space, everything els is already paved for them.