Aiming to become the global leader in chip-scale photonic solutions by deploying Optical Interposer technology to enable the seamless integration of electronics and photonics for a broad range of vertical market applications

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Message: Why are these options even in discussion?
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...and options do cause dilution just like warrants when they are exercised.

Options have an expiry date and may not be exercised. My understanding is that they aren't converted to shares until they are exercised. Though sometimes expired options can be reissued as well.

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