Dilution is the sell of new shares on the market, shares issued by the company to entities that borrowed money to the company, and, as the company did not pay, needs to give the amount in shares, so they recover their money.
They do not care of the PPS, they just want to sell the shares, so they recover their money.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.