too diluted, the total outstanding share is not 1.45M as stated, but 36M, 24 times the current.
$ENDRA Life Sciences (NDRA.US)$ The Company is also announcing that as of today, 91% of the Series B Warrants that were issued in connection with the June 2024 public offering have been exercised, resulting in the issuance of 15,831,864 shares of common stock, bringing the Company’s total number of outstanding common shares to 17,280,655.
the warrant A will have the same number as warrant B. You calculate yourself.
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Danimo : That definitely should Not be the case if those 61 million Class B Warrants were adjusted proportionally to the 1:50 RS, then they should only be 1.27million added to the OS. Something fishy
MK1000000 OP : sadly 36M is after 50:1 adjustment..