Under the terms of the convertible notes, if the stock price exceeds $17.48 for 15 consecutive trading days prior to Dec 2021, then the notes automatically convert into shares of common stock at $13 a share (as long as certain other provisions are met). I believe the 15th day above $17.48 occurred yesterday or possibly today. Like I said in my last post, I believe the stock is being supported. Seems pretty clear this is the reason.
This just sounds like they agreed to delay the conversion date a few weeks.
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