These are the freebie options from the last CR (I've highlighted them in yellow). To me, it looks like:
- 76 punters hold 15,875,000 of the free options (or nearly an average of 210,000 each)
- Lead Manager of last CR holds the rest (2,381,250 free options)
This means that under the last CR, the average participation by each punter was about 420,000 shares (or $31,500) IMHO (DYOR).
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