Good workup for worst case. Question: is FHAL actually booking almost $2mm liabilities over assets? Also, in FHAL holders favor the 8-K indicates that the buyers are not paying cash, but are expecting consideration if the Company shares fall below $15, right? So, that means the $1 scenario is not as likely as the fully diluted price ~$7.
I'm most concerned about lockouts and what will happen when it's free to trade. What are your thoughts here?
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