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researcher59

11/29/23 9:59 AM

#109008 RE: larrybaz #109007

DRCT - in any case it adds up to 3.5M shares to the float and some of those shares will be sold. Exercise price was mostly $5.50 I believe, so a nice cash infusion for the company. There was no incentive for warrant holders to exercise their warrants until a few days ago when the stock surged past $5.50.