$FRMI must announce an investment-grade counterparty on its Nov. 12th earnings call. They're last statement was a fail dressed up as a still commited to finalizing. It's the PR version of "trust me bro". A RS announcement would be the biggest red flag. 100% dead if that happens
@FuzzyPandaShort Warrants are active at $11.50 expiring July 9th. $TE will receive 170-283 million depending on those exercised. Trina isn't needed to fund G2_Austin. Price just needs to stay above $11.50. You guys sound like Citron
$TE has 24.6 million warrants outstanding that expire July 9th. The warrants are active at $11.50, but won't likely be exercised unless the price is higher & worth to do so. Dilution is only about 9%, & TE gets 170-283 million in cash. This essentially funds their G2_Austin build
@MBromberg For us dumb folks
Ai model worlds are like a car concept designer. They come up with a cool design, features, visuals, etc.
$U is like the engine, drivetrain, and factory that actuals builds and makes the car work