GREY:EDYYF - Post by User
Comment by
Maxmoeon May 13, 2021 12:41am
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Post# 33189495
RE:So where does full dilution put EHT
RE:So where does full dilution put EHT The capital structure pre and post financing should be properly explained in the offering documents which I'm assuming will be made available. I noticed the hold/lockup period was changed from the previous news release. It now says 25% free trading, 25% 4 months, 50% 8 months. The January press release said "50% of the Issued Shares will be subject to a lock-up for a period of four months plus a day, and the remaining 50% will be subject to a lock-up of eight months." so, I'll be looking for clarity on that for existing eht shareholders (no hold), existing eht debtholders converted to equity ( no hold?), all windular shareholders and former debtholders, or any other sub grouping with a hold period? As a new shareholder I'd like to see longer lockups.
2021Gamble wrote: So. Looking for confirmation (from an actuary based on the news release)...lol
But...if I'm reading this right....full dilution would take the "new EHT" to 109,353,905 shares
That based on 81579926 non diluted shares (from press release)
1692750 (stock options)
11795515 (warrants)
14285714 (full $15 million raise, as opposed to $5m minimumm included in PR)
so? can someone confirm that is how they read this nonsense PR?
just looking to confirm the actual SH dilution from the acquisition, and confirmation of the above is a necessary first step.
Much appreciaed!!