HQ Sustainable Maritime Industries (fka HQSM)

[RonnieD]

it's not a serious increase in o/s. fully diluted even after the warrants are exercised @ $4.51 there will only be about 18 million total outstanding shares.

whether it's dilution or not is dependent on your definition of dilution. Raw dilution is when the shareholder equity gets nothing in return. They are raising cash. The market doesn't understand why this is necessary at the moment, because the co has zero debt and 43 million cash before this.

HQ Sustainable Maritime said it will use the public offering proceeds “for general corporate purposes, including investments in its Marine Bio and Healthcare Products segment.” The offering is expected to close on Aug. 13.



Read more: HQ Sustainable plans to raise $11.5M; shares plummet - Puget Sound Business Journal (Seattle)