Tuesday, April 06, 2021 10:44:28 AM
I don't believe this is necessarily true. Will they be in the float? Since the funds are being provided in 3 phases after certain criteria are met, "about to" is probably a significant overstatement.
Also, per the earlier financing terms outlined, the loan can be repaid vs the share issuance so the actual amount of shares potentially added to the float could be reduced.
All is not lost and an immediate 25% reduction in value is incorrect.
W2R
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