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Thursday, June 30, 2022 11:26:37 AM
Sell where ?
Depends on whether they would choose 2(a), 2(b), or 2(c).
It's all deeply hypothetical, and is probably all moot; because of the way they structured the pref shares, they would need to get a bunch of common shareholders to support an R/S - very unlikely to happen, especially if it's being done to free up shares to further dilute current shareholders.
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