Mar. 14 at 9:51 PM
$XLO XLO opens Monday at
$7
"NOV 21st 2025
The new exercise price of the repriced options, which we refer to as the new exercise price, will be
$1.50 per share (subject to adjustment for stock splits and similar transactions) in the case of the executive team and
$1.00 per share (subject to adjustment for stock splits. If a repriced stock option is exercised prior to 12-month anniversary of the repricing date, which we refer to as the retention date, then the original option exercise price must be paid, except in the case of death or disability of the option holder or a change in control of us."
The above options adjust to (17.50 +14.00) after the 1 for 14 R/S.....theoretically these should be the lowest priced insider options now.......anybody have any idea why they chose a 1/14 ratio?....they were free to go all the way to 1/30....do they think XLO will trade above these reset option prices soon?
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