>BBBY's warrant issuance under the CUSIP-6 for BBBYQ is consistent with it being part of a leveraged buyout or merger scenario involving restructuring of the company's equity and debt instruments.
Isn't it weird that Pitchbook showed BBBYQ acquired in a leveraged buyout in January 2023 on the exact same day that the change in control clause in the ABL with JPM was triggered?
>The specific merger type that legally allows the acquirer to issue warrants for the acquiring company using the target company's CUSIP-6 identifier is typically a Reverse Triangular Merger
Really ponders the orbs don't it?