I guess these "FREE SHARES" have to be digested along with any additional "SHORT SHARES" from 9.55 down all the way to 1.91...
As of May 6, 2024, the registrant had 77,919,369 shares of common stock, $0.00001 par value per share, outstanding. This number does not include 6,923,077 shares of common stock issuable upon the exercise of pre-funded warrants outstanding as of May 6, 2024 (which are immediately exercisable at an exercise price of $0.00001 per share of common stock, subject to beneficial ownership limitations) sold in the registrant’s private placement in July 2023.
From the 10-Q. 6.9 million shares for 69 bucks. 7M shares x avg sell price of $8 = $56 million...
Did these shorts cover? Yet?
Nowhere to go but UP? This could bottom and pOp...JMO...have to see if that 17¢ EPS was a one-time-event...revenue doubled...
AI
