Okay they can’t do more then 49% of the OS per day per lender. And once every 3 days. And they can’t do another reverse split because they can only do 1 per calendar year.
Why does it matter? Whether just traders swapping shares or dilution to reduce debt before the merger. The only thing that matters is that the merger happens. Aside from that, it’s totally unimportant the reason for selling, especially when 2/3 plus of the shares traded today have been from hitting the Ask.
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