Jul. 16 at 10:39 PM
$IQMX On July 16, the company registered 577,237 new shares resulting from an institutional investor (Kreos Capital) exercising warrants at a tiny fraction of a euro (EUR 0.01). While this causes minor dilution, the main culprit is standard SPAC volatility. Newly public "de-SPAC" companies are notorious for massive, wild swings in their first few weeks of trading.