InvestorsHub Logo
Followers 270
Posts 8032
Boards Moderated 0
Alias Born 02/14/2009

Re: navycmdr post# 770988

Sunday, 10/15/2023 12:23:38 PM

Sunday, October 15, 2023 12:23:38 PM

Post# of 796655
Okay. And the purchaser is US Treasury. So it is their option. I think you are misreading that clause.

Warrants will be exercised. Common lack dilution protection against SPSPA being converted.. Common thus have no security. Preferred will be made whole.