50 Million NEWLY ISSUED Shares $RIDE AKA DILUTION.
$RIDE read the deal…Foxconn will buy 50M shares at 6.89 by Oct 10….not saying they are not buying them down here…but if in principle they have agreed…the 50mm is a down payment and by the 10th is a good faith gesture…to keep the deal going…until it closes in April….and they are required to buy those shares by the 10th….at 6.89… People have read the deal right…
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