Hycroft Mining Holding Corp (HYMC)

[NolsRgold]

Let me help:

(qq) “Per Warrant Share Number” shall mean, on any Exercise Date, the product of (i)
the quotient of (A) the Warrant Share Number on such Exercise Date divided by (B) the Initial Warrant
Share Number on such Exercise Date, multiplied by (ii) the quotient of (x) one (1) divided by (y) the
Cheap Stock Factor on such Exercise Date. 8pon any adjustment from time to time to the Initial Share
Number or any Conversion Share Number in accordance with Article V, the Per Warrant Share Number
shall adjust automatically by virtue of, and in accordance with, the definition of Total Share Number and,
thus, the definition of Warrant Share Number.

They only applied 5(d) and torturously interfered with the rest of Article V which explicitly states there must be antidilution adjustments when a distribution is made to a restricted person. It's very easy to see what they did and we will have no problem explaining this to a judge.

They've chosen their path and will see consquences for their actions.