InvestorsHub Logo
Followers 193
Posts 46846
Boards Moderated 1
Alias Born 11/09/2004

Re: buyittradeit post# 1846

Thursday, 11/10/2022 6:29:19 PM

Thursday, November 10, 2022 6:29:19 PM

Post# of 9777
This is a POSASR - updating that last prospectus to include the amount they are exchanging for the notes.

https://www.sec.gov/Archives/edgar/data/886158/000119312522280755/d362137dposasr.htm

Page 12

This prospectus relates to the potential resale from time to time of up to 2,762,444 shares of our common stock, par value $0.01 per share (“common stock”), by the selling stockholder identified in this prospectus. We are registering the offer and sale of the shares of common stock pursuant to an exchange agreement we have entered into with the selling stockholder.

They exchanged note for shares, at par, and the money for exchanging those notes, will be made when they can sell those shares on open market and get what ever.

So there's no way around this not being dilutive, right?

Or do I have that wrong?

"Then there was a woman, a lion of a woman."

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.