Pursuant to this prospectus supplement and the accompanying prospectus, we are offering one or more warrants, which we refer to collectively as the Warrants, to purchase 16,739,805 shares of common stock and 16,739,805 shares of our common stock, par value $0.01 per share, underlying the Warrants. The Warrants have an exercise price of $1.25 per share, subject to adjustment, and may be exercised at any time and from time to time until February 22, 2026.
We will not receive any proceeds from the issuance of the Warrants, but we will receive proceeds to the extent the exercise price of the Warrants is paid in cash.
Like some legal eagle to clear this up - is it one or two lots of 16.7m common stock.
UNS Price at posting:
23.5¢ Sentiment: Hold Disclosure: Held
