Given the condition of the pre-acquisition Seamed balance sheet, it shouldn't come as a surprise that some changes needed to be made. Fortunately, nothing too severe. This, to me, is typical execution and management tactics used in mergers and acquisitions of companies that I have had a direct interest in. In this case, it has been pretty light wieght.
Having said, I think 'smooth' is one way to put it.
I think the S3 filing on 30Sep and the 424B3 filing on 25Oct explain it. Some of the large Seamed shareholders were restricted from trading after the acquisition. As soon as they became eligible to trade, volume doubled and prices fell, apparently as they liquidate their positions.
This isn't dilutive, just a small increase in the float. So, I expect the share price to rise again after they're finished and the shares have been absorbed into the market.