RE:Great! More dilution!! Stock crashing after hours!!!They are self-funding; this additional capital will enable more to happen sooner. You appear unable to discern the difference between dilution being done for a worthwhile purpose and dilution only to support a Management Lifestyle regime.
That Wainwright is one of the book-runners tells the story. They're this little boutique firm in NYC whose Clients are the sort of people who have a $20 million dollar yacht as the dinghy for their $200 million dollar yacht. They don't put their Clients into deals to lose them money or where dilution is done for no good reason.
This will be quickly accretive to earnings, and I'll be using the myopia of others to my advantage Monday morning.
Thank you, foolish sellers!