Traxion Sab De Cv Ord Shs GRPOF

Grupo Traxion SAB de CV is a Mexico-based company engaged in the transportation sector. The Company provides logistics services within eight business areas: Fright, including intermodal and multimodal services, door-to-door, national and cross-border distribution, among others; Integrated logistics, including logistics management, aerial and maritime services and custom transportation support services; Warehousing, including dedicated storage, shared warehouses, packing and value-added services, such as labeling and products assembly; Logistics systems, including software for logistics management; Passenger transportation, including transportation of personnel and students; Special services, including rental of bus and vans; Moving, including national and international moving services, and Advertising, including custom transportation services during marketing campaigns. The Company operates through a number of group companies.

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Traxion Sab De Cv Ord Shs > Let be realistic

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Comment by equity4481on May 10, 2021 11:55pm

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Post# 33171446

RE:RE:Let be realistic

Reality...

As of the March 2 bought deal close including the upsizing and over allotmentment there are approximately 360M shares outstanding and 207M warrants.

With the announcement today and assuming the 15% over allotment is taken for a total of 29M shares and 29M warrants the totals will be 389M shares and 236M warrants.

So, the actual dilution will be 8.0%.

So the warrants are $.51 for 24 months, the C warrants are $.28 to March 2,2024,the B warrants are $.75 to Feb.13,2023 and the A warrants are 4.40 to July 12,2022. At the current leverage rate the SP may fall to $.40-.41 on Tuesday, but if you are holding the C warrants even if they fall to $.17 you are still not far out of the money.

So,what's the issue here?

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