Arcadia Biosciences Inc (RKDA)

[jdlamont]

All this is is an exercise of warrant dilution from the June prospectus offering. It was already known.
The major selling shareholders are all keeping their original positions, only selling the new shares just exercised.
The company gets the cash they spend to exercised the warrants, which is probably close to 6 million bucks or 1 dollar per share of the original float