Ekso Bionics Holdings Inc (EKSO)

[skepticone]

My read is that it is not immediately dilutive...it only dilutes share if/when they issue the shares. I take this as them "putting away for a rainy day." Read last paragraph(last sentence) page 8 of the filing.


I also believe the filing is just an announcement of a NASDAQ required precautionary step in order to be granted an extension. They must tell NASDAQ that they will RS IF the PPS does not reach $1 before the extension, if one is granted.(hence, the required RS vote) If the PPS does go above, then they do not have to RS

If no reverse split, no possible dilution. But they would then have to make contingency plans for if they would need to make an offering or cover some of the things they mention as uses for the freed up shares that would have been created by the RS. (hope I explained that right) Unless that is already taken care of when the Amendments to the Articles of Incorporation are voted on and passed.