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CytoDyn Inc CYDY
(Total Views: 684)
Posted On: 03/02/2022 3:47:29 PM
Post# of 155064
Posted By: IndexGuy
Re: CDiddy #119375
Not to go far down the buyout talks/vote road because I've let my brain wander plenty of times, but I do want to bring up one real and very important factor nobody is discussing.

Up until the end of 2018, there were multiple Paulson raises that had warrants attached. Millions upon millions of cheap shares with 5 year warrants were sold. In my case specifically, I have 11 months and 13 months left on two lots of warrants. In fact, I have 4x as many shares as I do warrants, and I know there are hundreds of people who are also facing the expiration of their warrants in +/- 12 months. In my case specifically, a $10 dollar buyout today is the same as a $40 dollar buyout in mid 2023. The clock is really ticking loudly. I suspect there are tens of millions of shares being held by those with expiring warrants. Most probably are probably close to an even number of shares and warrants, but still the math would cause them to vote for a discounted buyout if it occurred soon.













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