SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Qone0 who wrote (95381)9/30/2025 5:40:35 PM
From: Sun Tzu4 Recommendations

Recommended By
ajtj99
S. maltophilia
towerdog
Tweets Boar Hog

  Read Replies (2) of 97132
 
I dug into the WOLF options and they are still murky without a straight answer.
Yes, when a stock is delisted the options expire worthless even if they were in the money.
On the other hand, since there is a conversion rate here, they may have to apply the rates.
I just couldn't find a straight answer on their website or within the SEC filings.

Also, I read here that there are 25 million shares floating, that is incorrect. The 25M is the initial float to the existing holders and to the creditors. There is ~18M float that is given to Renaissance in the form of warrants that will come online within the next quarter. These are not tradable. They are just the administrative stopgap.
Finally there is ~60M shares reserved for shelf offering that will be sold as needed by the company. This means that in total WOLF has a 100M float.

Anyone who has bought the stock based on the 25M float valuation will be in for a rude awakening. The stock may not be overpriced, but nor is it deep value.

Overall this has been the most incompetently executed communication and reorg that I have ever seen.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News