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Re: Freddie bagholder post# 748110

Saturday, 02/11/2023 10:42:40 AM

Saturday, February 11, 2023 10:42:40 AM

Post# of 800845
happily. it does not. but JPS are not dilutable via spspa conversion. if they want to unlock this capital structure, JPS are senior paper

Warrants will be exercised and I expect the SPSPA to convert to common. Common thus have no security. Preferred will be made whole.