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Re: nagoya1 post# 785750

Saturday, 02/10/2024 8:08:39 PM

Saturday, February 10, 2024 8:08:39 PM

Post# of 801057
We will see. If the government wants maximum warrant value i think they may spspa writedown, i am not sure if the commons have any value without a writedown and i am not sure if they can spspa convert then warrant exercise. Shrug. Enjoy

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