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To: Ron who wrote (10700)9/29/2025 1:19:35 PM
From: teevee  Respond to of 10711
 
assuming shareholders receive about 5% of new equity, I estimate the new share capitalization will be about 3.129 billion shares. Wish I would have caught the early moring trading. I expect the stock will open much much lower.



To: Ron who wrote (10700)9/29/2025 1:20:19 PM
From: Sam  Read Replies (2) | Respond to of 10711
 
This is what caused a "surge" in the stock price? What is wrong with people?!

Shareholders will receive new common stock in the reorganized company. However, the restructuring involves significant dilution, with current shareholders set to receive only 3-5% of the new equity as creditors take majority ownership.

The massive debt reduction sparked speculative trading, fueling the dramatic price surge amid several trading halts Monday morning.