What do you mean by “spent”? The warrant holders pay HMBL $0.20 per share to exercise. That isn’t being spent by the market…it is being spent by the warrant holders.
They then turn around and sell those into the market…although apparently not all that have been exercised.
The trading days have nothing to do with what is exercised…only what is getting sold into the market.
And it is simply not a question of “if” 84 million in new stock has been sold into the market…it has been as the DTC numbers confirm.
So it is entirely unclear what you are getting at.