Good evening to all guys/gals, would anyone be able to explain to me basically what will be debated during the upcoming extraordinary meeting on September 1? And most importantly, what sentiment it might arouse among investors in case this is approved or not. They mention the issuance of particular new shares but I don't understand much about it.
The September 1 meeting will be used to consider ambitious strategic proposals, with the goal of: - Raising capital through the issuance of two classes of preferred shares (senior and convertible). - Strengthen governance with statutory changes (cap increase, virtual meetings). - Fund massive Bitcoin purchases, enhancing Metaplanet's position as one of the largest corporate holders of BTC.
that much? If I really had confidence that it would go back to 10, 12 I would still buy 4 or 5k . But it takes so little to have large losses with such an unstable stock
