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Someone explain the latest Current Report
$Novo Integrated Sciences (NVOS.US)$ does it mean that they already have diluted their shares or that they plan to?
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FiReBiTriXiE : Yes, based on the information provided, it states that Novo Integrated Sciences, Inc. has already issued the shares of common stock between September 5, 2023, and October 9, 2023. The shares were issued as payment for consulting services, upon exercising warrants and promissory notes, and in accordance with certain agreements.
This means that the recipients of the shares have already received them as compensation or upon exercising their rights. The share issuances have already taken place within the specified time frame.
Regarding the dilution of shares, the information does not explicitly state whether the share issuances have led to dilution. However, it is important to note that whenever new shares are issued, it has the potential to dilute the ownership percentage of existing shareholders, as the total number of outstanding shares increases. The impact of dilution would depend on factors such as the total number of shares issued, the total number of existing shares, and the ownership stakes of individual shareholders.