Jul. 2 at 5:53 PM
$INSG Did a quick search and found some info on my previous question. It says Inseego is paying with 1,163,693 common shares and warrants to purchase 521,139 shares at
$12.89. So
$NOK is already down almost
$7 mil on this deal or what, lol. So the common share price is the same price as the warrants the way I'm reading it. Can someone verify if that is correct?
It also said Nokia will also invest
$10 mil to buy 775,795 common shares, and that works out to the
$12.89 also, so I'm assuming everything is at 12.89. I'm sure they are super thrilled at this price action. Wouldn't be surprised if they did call the deal off like @steamclean said.
