Not sure on the options. From what I understand there isn't enough of a float to do options. You can get similar leverage on the warrants without premium though. More risk than the common though if the merger doesn't go through. Bottom on the commons is $10 or so if the merger fails. Warrants worthless if merge fails. FWIW I have a large position 100% warrants. More sec filings yesterday with updated investor presentation.and increased bonuses for the executives a bit which IMO is a good sign as they are incentivizing the merger to pass. They have to complete by Feb 22 so vote date likely announced next week and vote late Jan early Feb. Once vote date is announced there will be a considerable bump in SP. This is fairly low float and Advent current shareholders have agreed to roll their equity into the company which is a huge sign of confidence in what they're doing. Tailwinds in the sector are huge with Biden win and Democrats taking GA Senate seats. Hugely undervalued but there is a bit of risk on the failure of the merger. Could get in pre vote date announcement and out pre vote date and gain 20%+. They only need 19% of the the public shareholders to vote yes as they've locked in votes elsewhere.
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