Amyris Inc (AMRSQ)

[finesand]

$0.15/sh -> $2.25/sh post RS seems to be in reach indeed.
$2.67/sh was reached already and this is only the 6th day post RS.

Dilution wise, the 13.87M (pre RS 208M) for cash warrants has been confirmed in last def14a to vote upon on 7/7, leaving old shareholders w/ a total dilution retention of only 47%.

Then they ask for another offering, the tranche-b, maximum $75M with a current price of $6.30/sh (pre RS $0.42) min 11.90M shares. Not so sure about the floor price here, since they surely will add another anti-dilutive instrument here, at least using that high interest note again as before, 17.38%?

Tranche-A started at $17.25/sh to end up fully diluted at $7.34/sh, so when this starts at $6.30/sh .. you get my drift.

Transparency is not exactly this company's strength, if they wanted, they could have easily explained the new share structure for everybody.