SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Biotech / Medical : Cutera
CUTR 1.555-6.9%3:59 PM EDT

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: Harshu Vyas3/21/2024 3:43:44 PM
   of 21
 
My understanding of convertible notes is slightly off.

Cutera need to get their share price UP for more shares to be issued. Otherwise, noteholders will demand cash. Given where the share price is currently, noteholders will demand $70m cash in 2026. Possible to achieve, but I think I'd prefer dilution as an owner!
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext