other material
confidence high
sentiment neutral
materiality 0.45
Simply Good Foods: Conyers Park exercises 6.7M private warrants, net issuance of 4.83M shares
Simply Good Foods Co
- Conyers Park exercised 6.7M private placement warrants on a cashless basis on Jan 7, 2022.
- Net shares issued to Conyers Park: 4,830,761; beneficial ownership rises from 8,936,017 to 13,766,778.
- Total outstanding shares post-issuance: 100,963,850 (excludes ~2M unvested equity awards).
- Warrants were set to expire July 2022; exercise removes near-term overhang from this block.