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Has the idea been brought up that GameStop had to issue more shares because Apes DRS’d a certain number of shares?
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Has this question been discussed?

I know this has to be 250 characters, so let me try to explain my reasoning for asking.

I’ve seen some people mad that GameStop “diluted” when they sold ATM shares during big green candles. I’ve noticed that those who post such comments don’t mention the addition to the war chest.

I’ve seen others who are like hell yeah $4B in cash! No debt (small French loan associated with virus relief)! There is no way to bankrupt the company!

So back to my question, if apes had DRS’d a certain amount of shares would GME be forced to issue more shares? And if so should individual investors vote for more shares to be potentially issued past the current limit of 1B shares?

I am open to hearing yalls opinions/ideas.

That should be at least 250 characters.

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2 months ago