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bri123

03/08/24 5:51 PM

#84190 RE: Blue Skys #84189

Yes, they need to file for large public offerings or changes to restricted shares. Conversion from debt holders does need a separate filing because the possibility is already defined in the quarterly or annual filings and is already considered part of the company structure. The AS is just a limit to the number of shares a company can move into the world. They can change that number with proper approval.