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No. of Recommendations: 1
Hi Dreamer,

Typically there will no longer be units when a merger closes. Units are converted to shares
and warrants at close. So up to the close you can sell those units. And for your purposes that sounds
just fine as you plan to sell the units if there's a pop and you aren't planning to hold the
warrants for possible future appreciation. The advantage to splitting ahead of a deal announcement
would be if you want to sell the shares and hang on to the warrants, but that's not your plan. Lol,
not meaning to complicate your life with my rat holes! Your plan is a good one.

On OLO...not your typical SaaS...we'll have to see what their first statement looks like, but sales
growth might not be the best way to value them. The business has huge operating leverage. So I'll
be looking to value them on margin growth rather than sales.

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