Post by
Iseneschal on Oct 04, 2024 8:57am
CETX.....reason for sh price weakness
Aegis did the last financing in early May. There is a warrant reset feature in the event of the r/s. There is a proportionate adjustment based on lowest vwap the 5days prior and 5 days preceding the r/s. Warrants will be reset from $.85 based on this adjustment…Aegis does very toxic deals. Please read paragraph 3 of the 424B4 on 5/3/24. Price action points to them wanting a very low vwap.
https://www.sec.gov/Archives/edgar/data/1435064/000149315224017644/form424b4.htm