Wave has needed financing before,
and except for the Bain event, it has largely been a tale of missed opportunities built believing their own fantasies.
As I and others beat a donut drum when every opportunity to fund in the 2-3 range existed, they waited till dry and then glued together an ATM.
Some lamented the timing, price, discount, size etc. of the latest placement.
Time has spoken, it was genius.
The above content is my opinion.