RE:HEXO SHARES ONCE ALL CONVERSONS COMPLETE - 1,732,045 BILLIONQuietinvestor wrote: MD&A Page 25.
Obviously you made a mistake. You put commas instead of points. Nvm but I had to point it out.
Now for more serious things, good job finding this. It is in the MD&A but I don't have the time to read all this stuff. It will influence what I was planning to do at the announcement that the Senate will vote.
I just checked.
1.732 billion shares, wow! Though, it takes into account all the debentures and options that will not be exercised. Anyway, the number is still astronomic.
I pasted it in plain text since pasting as usual gives garbage. I didn't recal it was doing this from SEDAR, since I rarely visit it. I will not bother to put it all in column.
Capitalization Table
The capitalization information in the table below presents the balances of issued and outstanding common shares and other convertible securities as at the date of this MD&A, April 30, 2022 and July 31, 2021.
June 14, 2022 April 30, 2022 July 31, 2021
Common shares 500,856,312 458,167,270 152,645,946
Warrants 59,829,197 59,582,216 36,986,570
Options 17,951,025 19,311,852 12,018,143
Restricted share units 2,033,267 2,033,267 550,832
Deferred share units 4,088,386 4,088,386 –
Convertible debentures 3,175,633 3,175,633 3,175,633
Senior convertible note1 1,144,111,570 532,454,285 84,501,262
Total 1,732,045,390 1,078,812,909 289,878,386
1 Estimated based on the assumption all remaining principal at 115% is converted at 88% of the applicable dates available share price.
25 MD&A