Shorts starting to cover
$Pagaya Technologies (PGY.US)$ Filed paperwork to start selling their shares they have loaned out. Big ups and downs coming.
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W Chiang : STATEMENT PURSUANT TO RULE 429
The registrant is filing a single prospectus in this registration statement pursuant to Rule 429 under the Securities Act of 1933, as amended (the “Securities Act”). The prospectus is a combined prospectus relating to (i) (a) the issuance by us of up to 36,516,687 Class A Ordinary Shares, no par value (“Class A Ordinary Shares”), of Pagaya Technologies Ltd.; and (b) the resale by certain of the selling securityholders of up to 676,627,977 Class A Ordinary Shares and (ii) the issuance of 9,583,333 Class A Ordinary Shares, including Class A Ordinary Shares underlying the public warrants, registered under Form F–4 (File No. 333-264168), originally filed with the Securities and Exchange Commission (the “SEC”) on April 7, 2022 and subsequently declared effective (the registration statement referenced in the preceding clause (ii), as amended and/or supplemented, the “Prior Registration Statement”). Pursuant to Rule 429 under the Securities Act, this registration statement on Form F-1 upon effectiveness will serve as a post-effective amendment to the Prior Registration Statement. Such post-effective amendment shall hereafter become effective concurrently with the effectiveness of this registration statement and in accordance with Section 8(c) of, and Rule 429 under, the Securities Act.
Mcsnacks H Tupack OP W Chiang : Ok. I'm loaded at 1.09. See you at 5.50.
W Chiang Mcsnacks H Tupack OP : See u
roland 5298 Mcsnacks H Tupack OP : master i folow u
W Chiang Mcsnacks H Tupack OP : Situation not so good now
rawrrrbucks W Chiang : How come?
W Chiang rawrrrbucks : New historical low
Www1999 : @Mcsnacks H TupackMaster, short covering already? Will this up these few days?
shair : it will go down below .50