Not a big if at all in fact its one of two outcomes.
Get kolosori = to da moon.
Dont get kolosori = go bust trying to get it, hence the cap raise in the first place....no?
Problem is with a death spiral convertible that magna are they will get paid either way...axiom now IS entirely at their mercy.
Just depends which way they want to play it, and that in turn depends on how they view axioms chances of getting the K.
If they dont think it likely they will go short..( yes i saw the caveats, but dont be fooled).
Place ya money n take ya bets. .binary bet , sh1t or bust.
Cheers tc
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