LSPD

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Hi Mat and Dan, I hope you’re having a nice day. Just wondering what the recent announcement from LSPD on the “Launch of Marketed Public Offering of Subordinate Voting Shares” means? Is this dilution? I still haven’t bought LSPD yet, unfortunately, but thinking of starting to nibble. Thanks so much!

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Asked on February 9, 2021 5:37 am
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Private answer

Hey there! Yes, it looks like they offered shares, pricing undetermined yet.

This is typical of a growth company, and considering the company states it is being used to bolster its balance sheet and pursue growth opportunities, likely via acquisition, we don't mind it.

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Posted by Dan Kent
Answered on February 9, 2021 1:17 pm
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Hey there! Yes, it looks like they offered shares, pricing undetermined yet.

This is typical of a growth company, and considering the company states it is being used to bolster its balance sheet and pursue growth opportunities, likely via acquisition, we don't mind it.

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Posted by Dan Kent
Answered on February 9, 2021 1:17 pm
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