Post by
Rush2112 on Jan 25, 2022 7:58am
EATS to acquire Mylk Brands
https://www.prnewswire.com/news-releases/eat-beyond-to-acquire-mylk-brands-inc-by-way-of-plan-of-arrangement-301467099.html
Comment by
PhDtrader on Jan 27, 2022 8:36pm
Can someone explain how it is even possible for EATS to distribute $11.5 Million in shares at $.52 per share? That's 23 million shares'ish - a massive dilution for the stock. I don't see it as good news, but maybe I am not understanding in full.