posted on
Jul 04, 2023 10:01PM
Aiming to become the global leader in chip-scale photonic solutions by deploying Optical Interposer technology to enable the seamless integration of electronics and photonics for a broad range of vertical market applications
Message: Re: Trade
ok, so they sell almost 50k shares for 6 C$ to Cormack...or one of Cormack's customers?
So $300K worth, might as well keep track, 99% to go.
I thought this might be a way of rewarding certain people, and to me it seems like it helps install a floor at $6C ....but I've said that before.
From the prospectus,
As of June 28, 2023, there were 40,280,278 Common Shares issued and outstanding (add 300k to that now). (Prospectus date was June 29)
All the warrants exercised in the last year are in the prospectus beginning p.21
Prospective purchasers that intend to hold Offered Shares in a TFSA, RRSP, RRIF, RDSP, FHSA or RESP should consult their own tax advisors with respect to their individual circumstances.
How, to whom or if the shares sold are reported to investors was not discussed, at least from my quick scan of the prospectus, don't believe that info is available to us.
We will be able to see the shares increase I suppose, not sure of the lag on that...
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