Wave Systems Corp. (fka WAVXQ)

[Fullmoon]

oknpv

I think one consideration in Wave's wanting these expiring options exercised is that it doesn't involve an agent so they avoid brokerage fees. The exercising party pays Wave directly.

If they expire, sure Wave may be able to sell additional shares under the shelf, but that would certainly 1) be at a discount, and 2) involve somebody like CorpFin again.