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loanranger

08/05/22 6:08 PM

#392034 RE: williamssc #392032

What Class A shares are the two of you talking about? The only Class A shares are common shares, just like the ones you have. And the only thing they convert to is cash when you sell them.

se: "Even if Kips 13G/A was a conversion of class A shares and not a new buy, I would think they'd be looking for a major liquidity event to sell those shares. "

sc: "Why the need for conversion though. As class A shares they were a safer bet for kips."