Aiming to become the global leader in chip-scale photonic solutions by deploying Optical Interposer technology to enable the seamless integration of electronics and photonics for a broad range of vertical market applications

Free
Message: Guess all you want People

Shares o/s per financial statements at Q3-2022              36,715,315

Shares o/s per TSX at the close February 24, 2023          37,841,950

Therefore, shares issued from various exercising               1,126,635

Warrants issued from PP                                                  1,764,720

If we assume (and I know what they say about assumptions!!) that all exercising is from the re-priced warrants then there are 638,035 warrants yet to be exercised. As CM suggests, many have been exercised and shares are in the process of being issued. 

I agree with CM that the warrant overhang is for all intents and purposes finished. Of course, we may still see some residual selling pressure but we should all take some sense of relief that this event is nearing completion.

Now, the sp can climb but that is entirely on management so team, let's get on with it.

Hogan

Share
New Message
Please login to post a reply