Well, at least three of us have read the Ann. That's got to be a plus.
More bailing out early. But still plenty to go. No great damage, only dilution.
Next critical expiration date. 13-January-2024 - NRZAK: EX $0.236.
There is potentially a lot of money in these options.
I hope I'm wrong, but I find it difficult to imagine NRZAK being in the money by this time.
Hence, EECP will most probably not be exercising their AK options. Another $2.3 million not forthcoming. IMO.
What do you reckon? J L.
Ann: Application for quotation of securities - NRZ, page-2
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