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Re: Clark6290 post# 752322

Saturday, 04/08/2023 8:59:18 AM

Saturday, April 08, 2023 8:59:18 AM

Post# of 797185
You should study the conversion math given the size of the spspa and the current market cap. $1 is generous and more than they would need to give considering the spspa will be taking a haircut in the process.

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