May. 22 at 11:29 PM
$WOK
🧨 3. Highly Dilutive if Stock Pops
With 10M Series A + 10M Series B warrants, if the stock spikes above
$1.00, the company could see 20M new shares created on top of the original 10M — tripling the float.
Plus, if there's an equity line (e.g., ATM), convertible notes, or similar, dilution could spiral fast.
https://www.sec.gov/Archives/edgar/data/1929783/000121390025046583/ea0222892-06.htm
Above
$0.90 with volume = Possible move toward
$1.00 to trigger warrant games.
Watch May 24–28 (T+2) = This is when offering shares could hit the float.
Volume spikes on dark pool above
$1.00 = Institutions hedging/exercising warrants.