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Re: skeptic7 post# 773954

Friday, 11/10/2023 1:12:52 PM

Friday, November 10, 2023 1:12:52 PM

Post# of 796315
cons on fnma/fmcc is no dilution protection and a spspa with liq pref that exceeds the fair value of their market capitalization

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