From Halcon:
Pursuant to the terms of the Agreement, the Company may sell, from time to time through the Managers, shares of the Company's common stock having an aggregate offering price of up to $150,000,000. Sales of the shares, if any, will be made by means of ordinary brokers' transactions through the facilities of the New York Stock Exchange at market prices, or as otherwise agreed by the Company and the Managers.At around $1.75/share, that equates to about 85 million shares, or about 20% of current outstanding shares. HK has about 430 million shares outstanding.
Starbucks will split 2-1.
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