Post by
ppp on May 30, 2024 10:50am
Warrants.
Thought there would be more selling.
Comment by
ppp on May 30, 2024 11:16am
101 mil warrants 3.75 mil @ .42 june 16 2026 35.9mil @ .68 Nov 28 2026 43.1mil @ 1.16 May 28 2026 These just started to trade Looks like like most of these warrants will be in the money around startup. IMO they shouldn't need to go to the market for more money
Comment by
roberto146 on May 31, 2024 11:39am
The 43 million are actually 1.00 warrants, expiring 5/16/26 (two years after closing) according to the news release. Trading well so far.
Comment by
ppp on May 31, 2024 2:57pm
You are correct, something management has to straighten out. I got my info from the presentation pg 17.