That is a great question. What happens to the number of authorized shares (AS) if these warrants expire? The AS should go down from 26M. The OS is still around 11M. What benefit would the company have by extending the excercise dead line? It is possible to extend the deadline. I have seen it done. Why would a company want to do this is the question. If we are trading above $11.50 by the end of July would it make sense for the company to cancel or extend the deadline?
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