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re: OWLT Baby products.

Posted on 2/19/23 at 9:09 am to LSUcam7

Posted by ATLsuTiger

Johns Creek

Member since Aug 2009

5421 posts

Posted on 2/19/23 at 9:09 am to LSUcam7

At least cash concerns are off the table for a quarter or so. Now we just need those FDA approvals. I’m curious to see how the market digests this on Tuesday. It is a sizable dilution.

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Posted by LSUcam7

FL

Member since Sep 2016

7909 posts

Posted on 2/19/23 at 1:05 pm to ATLsuTiger

quote:
It is a sizable dilution

Wish I understood dilution better. Could you explain in simple terms?

I know the convertible securities were issued and apparently convertible into 60m shares.. but how does this “hurt” the current shareholders from a dilution perspective?

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