![](https://investorshub.advfn.com/uicon/97387.png?cb=1545114437)
Wednesday, November 17, 2021 4:13:19 AM
Wilmington Capital got ~200K warrants at 66 cents as part of their compensation for setting up the PIPE sale.
No one got shares. Well, except for the PIPE investors. They got ~2.5 million shares at 60 cents. Their 6 month holding period expired the first week of October. They are free to request the restricted legend be removed from their shares, so that the shares can be sold into the market, or used to cover short positions.
We'll know if/when Wilmington exercises their 66 cent warrants; the O/S will increase by ~200K shares (it hasn't yet).
They are free to short the stock, and use the warrants as a backstop, should the price go against them.
The warrants are good for 5 years.
Recent CAPC News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/14/2024 08:42:47 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/14/2023 04:55:51 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/14/2023 07:14:52 PM
Glidelogic Corp. Announces Revolutionary AI-Generated Content Copyright Protection Solution • GDLG • Jul 26, 2024 12:30 PM
Southern Silver Files NI43-101 Technical Report for its Updated Preliminary Economic Assessment for the Cerro Las Minitas Project • SSV • Jul 25, 2024 8:00 AM
Greenlite Ventures Completes Agreement with No Limit Technology • GRNL • Jul 19, 2024 10:00 AM
VAYK Expects Revenue from First Airbnb Property Starting from August • VAYK • Jul 18, 2024 9:00 AM
North Bay Resources Acquires Mt. Vernon Gold Mine, Sierra County, California, with Assays up to 4.8 oz. Au per Ton • NBRI • Jul 18, 2024 9:00 AM
Nightfood Holdings Signs Letter of Intent for All-Stock Acquisition of CarryOutSupplies.com • NGTF • Jul 17, 2024 1:00 PM