Either this or the ATM, at least we know the price and dilution (5mil shares) this way. This has a different feel to it- a reason behind it. It was very obvious that there was heavy institutional buying since the EC.Was this really about raising capital? I mean the ATM worked fine except for the share price volatility, but that never seemed to bother them in the past. Is there a deeper pocket entity that wants a larger stake? I'm, just spit-balling cause this really doesn't make sense with what info we retail folks have...🤔
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