Youandme1998. -- I am with you on this. The Pipe (private investment in public equity) was done at the prevailing market price. Very rare, and very encouraging. Usually such pipe investors are looking for a 15-20 percent discount to market.
Just look at the recent SQNM pipe, done at a steep discount to market.
This $35 million was invested by very astute, inside investors who know this thing is worth a lot more than what they paid.
Knee-jerk reaction shareholders will miss out on this.