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Re: FOFreddie post# 779942

Thursday, 12/28/2023 6:34:13 PM

Thursday, December 28, 2023 6:34:13 PM

Post# of 798177
Yes. Exactly. Jps get made whole even before spspa does. In a restructuring

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