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Re: Chelski post# 174

Wednesday, 07/15/2020 8:48:04 AM

Wednesday, July 15, 2020 8:48:04 AM

Post# of 6598
"Really not that many shares to covert, about 1 mil preferred , 13 mil class B and 19mil in liabilities from last 10Q"

The question is into how many of new Merger Company's Commons does each of the above classes of Stock/Convertible Debt that Fisker has convert into. IF those 'Exchange Ratios' are too egregious, it will certainly result in a Big Dilution in the original number of SPAQ shares, into the new Merger company's common shares...Because, from the filings, they are saying all the above classes of Stock/Debt that Fisker had, will be 'extinguished' by converting them to the New Company's Common stock.