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To: franklin1 who wrote (4832)11/26/2025 6:25:56 PM
From: Bargain Hunter  Respond to of 4846
 
If they do a debt for equity exchange --What is the effect on the stock price?


I guess it depends on what the recipient(s) of the shares choose to do with them.

This press release talks about the previous time:

investor.sandisk.com

I don't know whether they would do another secondary offering. The remaining number of shares is well below the number sold before, but the current total dollar value is well above.

My best guess is that the recipients will simply sell the shares on the open market, probably spread out over time. I get the impression that it has already started.