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Jditi

05/26/24 11:24 AM

#56636 RE: Jack_Bolander #56635

Really tired of this. Selling shares is only dilutive if the price paid is below market. If at market, there is NO DILUTION because the cash paid for the shares goes onto the balance sheet. More shares AND MORE ASSETS so the bvps is the same before and after.
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uksausage

05/27/24 7:10 AM

#56643 RE: Jack_Bolander #56635

not typical dilution and Im not sure there is anything they can do if the Giner owners decide to exercise their warrants.
adds to the float but was already accounted for in the fully diluted share structure

gets the company money without going to the ATM as well