Is there large potential dilution here in an upside? With up to $3bn of forward purchase agreements at $20/share (with 1/3rd warrants attached), 44M outstanding redeemable warrants at $23/share, and $65M of sponsor warrants at $24/share... would that not create enormous dilution in the upside? I am still trying to wrap my head around the impact of each of these securities.
Is there large potential dilution here in an upside? With up to $3bn of forward purchase agreements at $20/share (with 1/3rd warrants attached), 44M outstanding redeemable warrants at $23/share, and $65M of sponsor warrants at $24/share... would that not create enormous dilution in the upside? I am still trying to wrap my head around the impact of each of these securities.
Is there large potential dilution here in an upside? With up to $3bn of forward purchase agreements at $20/share (with 1/3rd warrants attached), 44M outstanding redeemable warrants at $23/share, and $65M of sponsor warrants at $24/share... would that not create enormous dilution in the upside? I am still trying to wrap my head around the impact of each of these securities.