HLF has 4212 shareholders on their register. The SPP can succeed even when the overall participation rate is below 15%. I think the top 300 holders are more than likely to participate to avoid disproportionate dilution unless they decide to crystallize their losses and exit before 14 Mar.
Hypothetically and very conservatively:
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HLF has 4212 shareholders on their register. The SPP can succeed...
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