Stratos Renewables Corp (SRNW)

[ARobinson]

Hi MrSmith18, the first tranche of SRNW warrants that FORW holds have a strike price of 30c and expire on Dec 31, 2024. For all practical purposes, this means that unless there is a deal announced before that date that tranche of warrants (representing 2m SRNW shares) will expire worthless. They were structured into units, too so the entire transaction may have to be undone and redone with a postponed date unless there is a deal this year. And I'm not sure how that factors into the S-1 approval process.

Do you think that this will be a kind of forcing function where a deal must be announced in 2024? Thanks