It looks like they will convert, but the series E shares are split between three directors (beneficial owners), and a few are held by Stephen Funk/Alta Investments, who is also a beneficial owner.
At this point I don't think it's horrible info. We aren't talking billions of shares.
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.