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To: Bargain Hunter who wrote (4831)11/26/2025 4:55:02 PM
From: franklin1  Read Replies (1) | Respond to of 4846
 
If they do a debt for equity exchange --What is the effect on the stock price?

"Yes. So during Q1 of fiscal '26, we did not monetize the remaining stake in SanDisk. And so we still have 7.5 million shares. It is our intention to monetize that stake prior to the expiration of the 1-year anniversary of the separation, which is February 21. Last time when we did the monetization, we did a debt for equity exchange. And we haven't made up our mind how we are going to do it, but it could potentially be a similar transaction like we did the first time."