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jerrylev

03/04/19 11:58 AM

#562037 RE: Major_Bankz #562020

The underwriters being in class 19 will dilute it a little bit, if they are allowed to receive more than 72M. Preferred and common each get a fixed amount of money based on the 75/25 split til the end and if there are more shares then it is diluted, just like the earnings of a company with a lot of shares printed for S4V for instance.