Jun. 3 at 5:12 PM
$CYAB dilution and many reverse splits sounds like this animal here IMHO
Dilution risk
The merger’s purchase price has increased from
$70M to
$106M, payable entirely in newly issued shares . This means shareholders are already diluting their ownership percentage. If the deal closes, the issuance of these shares will further dilute existing investors. Additionally, the company’s cash runway is extremely short — it lacks the funds to operate beyond early 2026 without the merger closing
