Neutral/Negative Catalysts
- Dilution/overhang risk: warrant inducement includes issuance of new warrants (subject to shareholder approval), increasing potential future share supply and pressuring the stock.
- Technical weakness: bearish MA structure and worsening MACD reduce the odds of an immediate sustained reversal.
- Profitability still weak: net loss persists, and EPS deterioration suggests per-share fundamentals are not yet stabilizing (often tied to share count changes and continued losses).