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Tuesday, July 16, 2024 11:55:37 AM
I was surprised that someone might think this was "dilution", or imply that it was.
9% is a gift to shareholders along with the company saying "we are not contemplating a reverse split, as it would adversely affect our funding facility". So the lender, beside providing 9% interest in the form of shares in lieu of repayment (cash), doesn't want to wipe us out.
Someone share with us, all of the deals where you see this happening? I'd like to buy shares in any deal like this!!
![Bullish](/static/images/ih2-bull.png)
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