The info below is from a recent filing. I see over 40 million shares available to be sold with average cost of $1.33/share or less. I also have watched an endless supply of sellers on the ask as it has gone lower and lower for months now even as the price hits $1.10. There is something wrong here.
The Selling Securityholders named herein are comprised of DCRN Sponsor, directors and certain legacy investors in Tritium Holdings (as defined herein), Palantir and certain of our executive officers. The following table provides the number of Ordinary Shares offered hereby by each Selling Securityholder as well as the historical weighted-average price paid per Ordinary Share by each Selling Securityholder:
Selling Securityholder Number of Ordinary Shares Offered for Resale (1) Historical Weighted- Average Price Paid Per Share ($)(2)
Decarbonization Plus Acquisition Sponsor II LLC 8,519,436 2.06
Entities affiliated with St Baker Energy Holdings Pty Ltd 35,510,820 1.33