Fisker Inc (FSRN)

[pauly3]

Here is the share structure increase (dilution) that SPAQ wants their shareholders to vote for.

The Authorized Share Charter Proposal — To consider and vote upon a proposal to (a) increase the number of authorized shares of Spartan’s Class A Common Stock, par value $0.0001 per share (the “Class A Common Stock”), from 200,000,000 shares to 750,000,000 shares, (b) increase the number of authorized shares of Spartan’s Class B Common Stock, par value $0.0001 per share (the “Class B Common Stock”), from 20,000,000 shares to 150,000,000 shares, and (c) increase the number of authorized shares of Spartan’s Preferred Stock, par value $0.0001 per share, from 1,000,000 shares to 15,000,000 shares. The Authorized Share Charter Proposal is conditioned on the approval of the Business Combination Proposal and the NYSE Proposal.