SiNtx Technologies Inc (SINT)

[boston745]

Southwest Airlines said Wednesday that it has adopted a shareholder rights plan, more commonly known as a "poison pill," in response to activist Elliott Management's investment in the airline and push to oust CEO Bob Jordan and Chairman Gary Kelly.

The poison pill will only activate if Elliott — or another investor — acquires at least 12.5% of the company. If that threshold is crossed, all other shareholders will be entitled to purchase one new Southwest share for every share they currently own at a 50% discount

For those that claimed Shareholder Rights plans were not poison pills. Course those posters knew they were and just trying to cover up the fact hostile entities were trying to take over Sintx. Those entities being Ansons family of funds.

https://www.cnbc.com/2024/07/03/southwest-luv-activist-elliott-poison-pill.html