Apr. 14 at 8:03 PM
$SRZN with the share price getting higher and higher how is it possible that the tutes that hold the second tranche of the 2025 offering are not rushing to exercise these shares? They have the right with the optional closing option to exercise their full second tranche whenever they want. So they could get shares right now at a price of
$11.6 while the stock trades around
$30. Why are they not doing it and walk away with a nice profit? Sure that would crash the share price but they would make a profit anyway.