Additional exit financing does not benefit current equity holders in any way.
It actually puts the company deeper in debt coming out of BK, maybe on more favorable terms, and possibly able to pay it off with a cleaner business model, but it's debt.
And the PPS surge of late is not based on the company taking on more debt I would opine, lol.
As for this current surge, I do not have a clue as to what it is based on. The consensus up to now puts equity in deep out of the money warrants.
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