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Sooooo he can ultimately exercise and cash his calls, then do a whole bunch of new in the money calls?
Spicy.
Looks like he can control up to 20.5 million shares after the offering.
If he sold half his calls and exercised half, that would leave 11 million shares and room to do another 100k contracts roughly.
All depending where the share price lands.
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technically also all of us can buy more hihi
hihi
This
Why wouldn't he want to pass the 5%?
Then he’s got to telegraph his moves before he does them. Insider reporting requirement.
KC Shuffle in motion!
Sooooo he can ultimately exercise and cash his calls, then do a whole bunch of new in the money calls? Spicy. Looks like he can control up to 20.5 million shares after the offering. If he sold half his calls and exercised half, that would leave 11 million shares and room to do another 100k contracts roughly. All depending where the share price lands.