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BYND issued warrants to Big Geyser: 2.5 million at $0.60 and 1.67 million at $0.001.
Investor summaryBearish
BYND issued warrants to Big Geyser at extremely low strike prices ($0.60 and $0.001), signaling massive dilution.
Bear points
- Massive dilution risk from issuing warrants at extremely low strike prices ($0.60 and $0.001).
- Indicates severe financial distress or weak negotiating position with investors like Big Geyser.
- Existing shareholders' equity will be significantly devalued upon warrant exercise.
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