The warrants can only be challenged in court if they are exercised. This is not the first time I have brought this up. There is no actionable harm to current investors until such time as dilution actually occures. The GOV would simply state to the court, if a filing for claims were made, that Treasury has until 2028 to decide whether to exercise warrants or let them expire.
There is also no statute of limitations issue because the trigger is the date of exercise, not the date the SPSPA was inked.
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