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jealmc79

08/28/20 10:45 AM

#199570 RE: rayovac812 #199566

“What makes it a lousy finance deal?”

I don’t know if it’s a lousy deal. Don’t know the exact terms yet.

Terms such as > 40:1 RS and making warrants immediately worth $1.80 more than $5.25 would make this a lousy deal for current shareholders and KT. It would be a great deal for Maxim and their investors.