Ann: AnteoTech Secures $3.76M Option Underwriting Agreement, page-16

OK, I anticipate that this development will be warmly received here. So I will get in early with my thoughts.

They obviously want some money quickly. Deduction - there is no likely SP driver before the Dec horizon which would cause a stampede to convert, because if there was, then why bother with this tactic.

Doesn't mean that 2021 will not be rosy, but that the remainder of 2020 will likely be pretty quiet SPwise.
But not so quiet as to prevent Mahe capital from filtering out 180m shares onto the market over the coming months at a handsome gain. Money for jam.