lollob
$RENT $PLCE will go down in history as examples of how PE buys are just market noises if their fundamental business model burns cash and relies on debt financing and diluting stock.
PLCE
2024 : Mithaq buys heavy at $12-16 to gain control
Feb 2025 : Debt to equity conversion, 16M shares at $9.75
July 2026 : Mithaq buys 103k shares in open market at $3.26
Oct 2026 : current share price $0.48
RENT
Oct 2025 : debt to equity conversion by Nexus, Story3, APS(lender), 26M shares at $9.23
Dec 2025 : Nexus, Story3 20M rights offering at $4.08
Oct 2026 : Nexus, Story3 15M rights offering at $3.55
Next? Headed to sub 1
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