There is another filling by Wanxiang and must read..this is shows %4.99 of ownership if I didn't read wrong.First one was mentioned about %9.99 ..until receipt of favorable determination of CFUIS(page 5-6) and later one doesn't say that.
I believe those are warrants for shares to be exercised if the August deal would have gone to completion.
That means the warrants could have been exchange for shares.
Those are not shares owned.
From the document: The shares of Common Stock (as defined herein) reported herein as beneficially owned by the Reporting Persons are shares into which Bridge Warrant No. W1 (as defined herein) may become exercisable as described in Items 5 and 6 of this Schedule. Because the terms of Bridge Warrant No. W1 provide that the number of such shares depends upon the Common Stock outstanding on a fully diluted basis at the time of exercise of Bridge Warrant No. W1, the number of shares beneficially owned by the Reporting Persons is subject to change. See Items 5 and 6 of this Schedule.
49% is very large % to own. I only put 5% of my eggs in this basket and i think thanks to folks here like re-actor, tradingfunds i will hold to my 200k shares at this time cautiously, i think hybridd did have some very good points and thank you all folks glta
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