Monday, October 04, 2021 8:39:31 PM
1. On September 23, 2021, the reporting person exercised a warrant to purchase 150,000 shares of the Issuer's common stock. The reporting person paid the exercise price on a cashless basis, resulting in the Issuer's withholding of 58,696 of the warrant shares to pay the exercise price and issuing to the reporting person the remaining 91,304 shares.
He didn't buy the warrants, he used the market sale of a portion of what he was owed to purchase the remaining about.
So he now owns 91K more shares than he did the day before.
That's a strong move, I think. Especially after the PR because it notes his own continued belief in the company. I like the fact that he has over 10 million shares and still wanted more.
Recent RDGL News
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