I am now interested to see how they spin this and also the terms of the purchase agreement. If his shares and others are restricted for 2 years+ this has a chance to break trips. If they kept with the reducing of shares plan, this would probably be singing a different tune. I wonder what the wefunder shares turn into for the minority investors as well. Its amazing the timelines these new companies are on, they could have announced themselves, gauge the market interest.. and make an informed decision before outright throwing quicksand in front of themselves with a 100%+ AS raise right off rip.
Nothing screams 'rapid shareholder value' like a good ol AS raise to bring market sentiment to a positive! SMH. Future filings will tell a lot of how the story is to unfold, but right now it sucks, based off their 1st filing(in error).
News 
Market Data 
Discover 
AI
