Really? Think they are going to be around long? Did you actually read their strategy?

"Nordlicht’s investment philosophy could not be further removed from the dogma of long-only investing. Platinum employs a multi-strategy model and invests across a wide range of non-correlated asset classes and strategies. The emphasis is on diversification, market neutrality and downside protection. Platinum is also open to innovative ideas and is willing to invest in unconventional strategies that offer asymmetric returns on the upside."

My guess is they bought the deal to get the warrants.