Neptune Wellness Solutions Inc (NEPT)

[Wolf-man jack]

THE WISE WQLF SAYS; The DILUTION DILUTION DILUTION of NEPT has a purpose. With a purchase of an aggregate of 5,836,578 Million shares to several Institutional investors with current outstanding shares of 5.668,782 Million as of June 17,2022, equates to in retrospect, something Biggly is going on behind the scenes, such as, a possible friendly takeover YQU Understand. Have Mercy WQLF Ahooooooo

“ Neptune Wellness Solutions today announced that it has entered into definitive agreements with several institutional investors for the purchase and sale of an aggregate of 1,945,526 common shares (or common share equivalents) of the Company, and accompanying two series of warrants to purchase up to an aggregate of 3,891,052 common shares per series of warrants, at an offering price of $2.57 per share and accompanying warrants in a registered direct offering priced at-the-market under Nasdaq rules. Each series of warrants have an exercise price of $2.32 per share and are immediately exercisable upon issuance. One series of warrants will expire two years following the date of issuance and one series of warrants will expire five years following the date of issuance. The offering is expected to close on or about June 23, 2022, subject to the satisfaction of customary closing conditions, including the approval of the Toronto Stock Exchange ("TSX") and notification to the Nasdaq Capital Market ("Nasdaq").”

https://finance.yahoo.com/news/neptune-wellness-solutions-inc-announces-120000599.html

Dr. Joong J Fang Said; A total of 5,836,578 Million shares to several institutional investors, and are immediately exercisable. That is over 51 percent of the current outstanding shares of 5,668,782 as of June 17,2022. Possible Friendly Takeover? 51 Percent would be 5, 668,782 plus 56,688 which equals 5,725,470 shares.

https://www.otcmarkets.com/stock/NEPT/security

WQLF SAYS; This is almost similar to what is happening behind the scenes with CVSI YQU Understand. Have Mercy WQLF Ahooooooo