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“Subject to a per price share floor”
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The original was posted on /r/Superstonk by /u/drsunnyday on 2026-08-19 14:25:27+00:00.


Just read the august 3 announcement about the early closing of the 1.4 billion notes and noticed this line:

“The number of shares of common stock issuable in the exchange will be based in part on the average volume weighted average price of the common stock over a 35 consecutive trading day references period beginning on august 3, 2026, subject to a per share price floor.”

Two parts stand out of that line to me

“In part” and “subject to a per share price floor”

“In part” suggests there is another way the value will be decided.

“Subject to a per share price floor” means there is likely a cap on the deal.

Has this been discussed or disclosed anywhere?

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