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Wednesday, April 21, 2021 8:07:48 PM
At first I almost put my fist thru the screen, but when you look at the terms, it's the same terms as the initial offering (2.10/2.85) despite the stock being down over 15% from there. So I think there's a chance that this is perhaps getting someone in on the deal that wanted those warrants and mCloud wanted to keep them happy (perhaps a pissed off convert buyer?)
Dunno
Recent MCLD News
- mCloud to Delist from Nasdaq • PR Newswire (Canada) • 09/26/2023 09:00:00 PM
- mCloud to Delist from Nasdaq • PR Newswire (US) • 09/26/2023 09:00:00 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 08/22/2023 10:09:22 AM
- mCloud Special Committee Approves New Corporate Structure to Maximize Value from Exploration of Strategic Alternatives • PR Newswire (US) • 08/22/2023 03:55:00 AM
- mCloud Special Committee Approves New Corporate Structure to Maximize Value from Exploration of Strategic Alternatives • PR Newswire (Canada) • 08/22/2023 03:55:00 AM
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