I have a silly idea, not sure whether it is doable.
According to the agreement with ECAB, the first repayment to ECAB will be on Sept. 30th. According to the podcast from Fredrik, ECAB will convert the repayment to shares. Since the conversion price is $9.9. I wonder whether the company can give ECAB the money now, so that ECAB can purchase from the open market at prices lower than or equal to $9.9, by doing so, ECAB does not need to convert and hence there will be less dilution.
Anyone on top of their head knows that how much the company will repay ECAB on Sept. 30th? Thanks.
