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Friday, May 13, 2022 1:57:01 PM
The 90.9M figure mentioned above consists of: 71.8M basic shares on the 3/31/22 balance sheet (https://www.sec.gov/ix?doc=/Archives/edgar/data/0001479290/000119312522146362/d327432d10q.htm#id375bd61c7fe4ceea8c0261ee845a3ae_16 ); 5.1M options (ibid p.23); 5.1M shares of unvested restricted stock (ibid p.23); and 8.9M shares deriving from the convertible debt issued in Feb 2020.
(Excluding the shares derived from the convertible debt, fully-diluted shares at 3/31/22 were 82.0M.)
“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”
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