• Raavan
    link
    fedilink
    arrow-up
    5
    ·
    3 years ago

    cant blame them but this will strain the company more as they are subject to interest payments which can eat the earnings.

    • wiki_meOP
      link
      fedilink
      arrow-up
      6
      ·
      3 years ago

      From what i understand it will get converted to stocks of value equal to how much the note is supposed to pay including interest. looks to me like an IPO without actually being a IPO.