Issuing shares for the NewCo is nothing more than the centuries old contracts principle of consideration after acceptance of an offer. Looking at LXES,even after the 1B A/S raise in Dec, the stock still exploded 6 fold. That's an example of good/normal dilution. stockcharts.com/c-sc/sc?s=lxes&p=d&b=5&g=0&id=p30374638332