You have no understanding of how companies do financing deals with investors do you? It shows!
First: I said the best I could figure it out that is what the warrent's could be exercised at. The wording is very strange to me as I don't do lawyer talk. I could be completely wrong.
"each warrant is exercisable, at an exercise price of $1.087 per share, for one-half of a share of Common Stock for each conversion share (2 ½ warrants shares per Unit)"
Second, it is common practice for all investors to have warrents thrown in such financing deals to sweeten the pot for them. Go do some studying. ABQQ has warrents out too (see below. Do you even know what their deal is for? NO you don't! hmmmm..
Third, the financing was for Series C Preferred Stock. You obviously know nothing about Series C verse A or B do you. You keep touting the CEO as buying shares in ABQQ. He bought Series B stock, first sign company is very early in development. You can only wish it were Series C. And he only bought it himself because 1) probably can't get any firms to give them such financing, 2) probably just a move for control of the company, 3) you have no idea where the money came from to "buy" them. Probably filtered to him from common stock sales under the guise of his salary or some other sneaky move. You also like to show they were for $16. Well gee MRMD's were for $3.70. How many common shares are the Series B shares equivalent to? One Million? You don't know do you? And you never will. Red Flag! I know MRMD's deal is equal to 5 cause they put it in the PR.
Forth, when is ABQQ going to release their annual report they stated way back on 11/30/2020 would be late? Still haven't seen it. Hmmmmmm..... Are they failing and going broke?
Fifth, what about the financing deal with Peak One who can offer up to 21.4 million shares of common stock to pay for drawdowns and warrents exercised in connection with the financing deal? Strange you seem to always avoid telling people about that "deal" (toxic financing???) in your spam. Doesn't look like a very good and/or transparent company to me.
Finally. You're showing yourself to be a child. Maybe I should start daily stopping by for a bash session over at ABQQ. Point out all the dirty laundry you keep hidden in all your spamming of the board. People might like to know about it.
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