Jul. 29 at 11:21 AM
$OCGN Sometime in August 2025 Ocugen will own
$125,000,000 market cap equity in
$CARM AFTER
$CARM does a reverse split of between 10:1 to 50:1
In turn this new equity will become
$OCLX with a per share price of
$4 (10:1) to
$20 (50:1).
So, those screaming Ocugen will do a reverse split have no clue what they are talking about.
It's
$CARM doing the reverse split BEFORE
$OCGN takes over the new ticker
$OCLX
Imagine that, Ocugen will be sitting on
$125,000,000 market cap equity in
$OCLX
In my neck of the woods that
$125,000,000 is a H.E.L.O.C. ( future non dilutive financing, if needed).
Unbelievable everyone does not see this.