Mar. 21 at 9:04 PM
$IONQ For
$SKYT shareholders planning to hold until the IONQ acquisition closes AND then take a long position in IONQ with converted shares, the most favorable IONQ share price at deal close is less than or equal to the lower end of the flat collar (<=
$37.99). This is due to higher IONQ share count/lower entry price associated with this region after share conversion. Attached study for hypothetical 1K SKYT share position illustrates this. First chart shows SKYT position value vs. IONQ share price at deal close, second chart shows future position value after share conversion vs. future IONQ share price.