"IMO such new unpublished TLD has already been shared on a Confidential Signed Agreement with the 10 mil new shares $62 mil placement Investor(s). "?????
1) There is nothing, not a thing that guarantees $62 million in this secondary sale of 10 MILLION pure dilution shares. The offering is not even priced yet, it's not sold yet and thus no one knows what it will net to OCAT. No one. Given the $6 present share price, it's highly unlikely they will net anywhere near $62 million on 10 million shares, as they will be steeply discounted to the present $6 market price. It's not even determined yet "if" they'll even do the deal and when. No one knows.
2) The underwriters are who are purchasing the shares and they will always pay a discount to the market price, which as of last trade was about $6.09. There's no mythological "investors" buying these shares? The underwriting firms buy the shares, pay OCAT their net amount and then the underwriters sell those shares off to whoever they choose- including "making a market" in the shares (see the prospectus) -which means selling those shares into the retail market, as day to day free trading shares. They'll be selling them to hedge funds and anyone else who'll buy- including professional shorts and firms that may likely short the stock. It says so right in the prospectus.
3) To share any proprietary info, that's also not being shared with the open-market, retail public would be a criminal violation of SEC law. There's no such thing occurring. Not a chance. No imaginary "confidential signed agreements" or whatever. It's a free and open sale of shares that will hit the public markets as free trading shares- no one has any dibs or rights to proprietary information. That's a myth.
AI
