@SGE1
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Mosaic ImmunoEngineering is a nanotechnology-based immunotherapy company developing therapeutics and vaccines to positively impact the lives of patients and their families.
Message: @SGE1
"S&L was prohibited from holding more than an aggregate 9.99% (excluding warrants)."
You are absolutely right...but as you mentioned it by yourself "EXCLUDING" the warrants...
I didn't express it well enough: my assumption was that SPE and LV together held more than 9,9% of Patriot with shares AND warrants.
This is the sentence, we all know from the filings:
"...a provision prohibiting Lincoln from exercising warrants for shares of Common Stock if doing so would result in it and its affiliates beneficially owning shares of Common Stock representing more than 9.99% of the outstanding shares of Common Stock..."
IMO the 9,99% limit relates to the number of shares...and if you look at the number of warrants, which were exercised in the last year, it might fit to my theory.
But as you say: I KNOW nothing, only speculating, because nothing else is happening.
Now: EOM - glta
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