Aug. 13 at 1:52 PM
$XHG the company has a very dilutive equity line with VG, the mere start of the printing gives VG 5,813,953 ADS free as commitment shares. that is FREE in no cost to VG!
what's more, the price of the VG distribution is as follows:
Up to **
$100M** | **80% of the lowest closing price during the three-business-day period beginning on notice day.** If all three closes are
$6, basis = **
$4.80**. If one closes at
$2, basis = **
$1.60**. | Registered and live through April 1, 2028.