Jul. 11 at 5:04 PM
$BON Where do you see potential increase to 117 million?
That is not correct.
~101 million were issued prior to RS and they are in the OS. Only ~8 million potential issuance but they could get cancelled if company can negotiate with the warrant holders.
"As of July 11, 2025, on a pre-split basis, 101,250,968 Class A ordinary shares have been issued pursuant to the Company’s March 2025 offering. The maximum number of Class A ordinary shares that may be issued upon full exercise of warrants issued in connection with the March 2025 offering is 116,666,648, representing the potential issuance of an additional 8,333,332 Class A ordinary shares."
