Company fact
Warrant exchange reduces potential dilution
Summary
Hamak reported 179.9 million warrants tendered under the exchange offer.
179.9m warrants tendered
35.98m new shares expected
143.92m potential shares removed
Why it matters
The company said the surrendered warrant pool represented an 80% reduction in the associated potential ordinary shares.
What happens next
Settlement, admission and updated capital-structure disclosure.
Risks or unresolved questions
Investors still need to assess all remaining securities and fully diluted exposure.
Original source
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