Saleen Automotive, Inc. (fka SLNN)

[DaReal]

As said before, it will depend on the stockprice, since the conversion is based on it.
The amount could be as high as 15M for the first 50k note. per the daily vol they may have converted already a small portion of the 50K imo. we'll see if they will use the usual channels like Promotions etc in order to dump more shares.
Those lenders only care about their $$ and they will get it.

First note is due, and they can and will convert from time to time in small trances by the look of it. in june the next note will hit already for another 50k. So yes expect downward pressure to ramp up over the next weeks...
again, jmho