Apr. 8 at 1:13 AM
$ZJYL The F-3 limitation (this part matters a lot)
This is the hidden constraint:
They can only sell up to 1/3 of public float per 12 months (if float <
$75M)
Current situation (approx):
Float: ~
$3–4M
So max raise per year ≈
$1–1.3M
That’s actually VERY important
It means:
They cannot dump
$50M suddenly
BUT…
They can slowly bleed the stock
