Jan. 8 at 9:52 PM
$WKHS Taking bets here on some key upcoming events:
(1) What will come first: PIPE announcement or 10K filing?
My money is on the PIPE.
(2) Guesses on the PIPE Investor?
I say it's probably General Catalyst, where Griffith used to work (or similar big-$ VC), which would spike the price, or High Trail, which will be a body slam. No middle ground.
(3) Top & Bottom Line of Combined Company for FY25?
New CEO needs to balance two choices: barf out all the bad news at once, pulling in some losses to cleanse the books, or make it look as good as he can to stop the share price slide since the Merger Close. I say he'll lean towards the former. Revenue
$15M, losses at NI/(L) line
$120M.
(4) Pre-PIPE Outstanding Common Share Count?
>12M
Yes: I said that. As the most successful share counter here I can say with confidence that despite the end of Dauch's daily Share Issuance to the former Convertible Debt holder, shares are now being issued ATM through their Agent BTIG.
