Charlotte's Web Holdings Inc (CWBHF)

[kf3991]

The Selling Shareholders have agreed to grant to the Underwriters an option (the “Over-Allotment Option”), exercisable in whole or in part at any time and from time to time for a period of 30 days following the Closing Date, to purchase up to an additional 1,050,000 Common Shares from the Company (the “Over-Allotment Shares”) (representing 15% of the Common Shares offered pursuant to the Offering), on the same terms as set forth above solely to cover over-allotments, if any, and for market stabilization purposes.

Market stabilization is the key words here and they have 30 days to exercise. So if price goes to 9 in the next 30 days they will exercise - very unlikely, dont think i've seen this happen too often for a solid company.

Can someone tell nowwhat to look at post 7616 - i only get 15 posts a day.