Replies to post #2 on Pensare Acquisition Corp. (WRLS)

[Steph_ATK]

Per the original press release, WRLS will undergo a ticker name change to TPXC. Pensare intends to change its name to TPX Corporation.

More info. can be found here: https://globenewswire.com/news-release/2019/02/01/1709059/0/en/TPx-Communications-Announces-Combination-With-Pensare-Acquisition-Corp-to-Become-Publicly-Traded-Company.html

I got in at $10.19 the day they announced the news. As for outstanding shares changing, yes I assume that will increase based on however many shares were issued to the seller of TPx Communications.

Link to their 10-Q filing: http://secfilings.nasdaq.com/filingFrameset.asp?FilingID=13231419&RcvdDate=2/14/2019&CoName=PENSARE%20ACQUISITION%20CORP&FormType=10-Q&View=html

As of Feb. 14 2019 they have about 36M Outstanding Shares.

Hope that helps.

[Steph_ATK]

Forgot to add; They paid 95M in shares to TPx Sellers on top of the 248M Cash. This would add 9.5M to the current outstanding shares. The PIPE I believe is around 30M shares.. so I am estimating around 74M shares outstanding when the dust settles.