Well - they can reprice what they have or keep em and issue a ton more, I suppose ? Will we be over say $50 eventually? What is the lesser of two evils ? Have to look at big picture now. Every million shares under 60 is a good thing in my book ! GLTY
On February 12, 2019, the Board of Directors passed a resolution to seek approval from shareholders of the Company at the next annual and special meeting of shareholders (the “AGM”)
in order to reprice all outstanding stock options
granted to current officers and employees of the Company
so that the exercise price would become the greater of: (i) the 5-day volume weighted average price of the Common Shares on the day prior to the date of the AGM and (ii) the Offering Price.