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dinogreeves

07/03/20 12:14 PM

#913 RE: dinogreeves #912

So the market valuation after the dust settles will be 60 million, which is peanuts. This should be valued at least 300-400 million currently.
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trademax42

07/03/20 12:44 PM

#914 RE: dinogreeves #912

Awesome info dinogreeves. As per the post from reddit you relayed:

Number of commons shares before merger = 5,998,444

Number of commons shares after merger = 6,022,201 (after incorporating share exchange 1.421 for 1)

Where is the dilution due to allocation of bonus shares 1.421 to 1? Not much to write home about, only 23,757 shares net increase (6,022,201-5,998,444). The extra shares given to the commons stockholders is mitigated by corresponding cancellation of Class F commons.

Weeeeeeeeeeeeeeeeeeeeeee!!!

I don't see any dilution effect. How many other SPACs deal has displayed this gesture to the commons and warrants holders? Not many I would like to think.

$HOFV

Disclosure: My posts are just my opinion, not intended for investment advice. Do your own DD before buying, selling or holding securities.


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Bigmac83

07/03/20 4:15 PM

#930 RE: dinogreeves #912

Thanks for your informative post dino;
Are the outstanding warrants included in these numbers?