🔴 Wyld Networks is trading 33.33% down on October 27 after approval of potentially 61.26% dilutive financing

Wyld Networks is trading at €0.01, down 33.33%, after shareholders approved financing that could increase the share count by 61.26%.

• On October 26, shareholders approved convertible notes and warrants directed to Alumni Capital.
• Nasdaq’s notice confirms conversion pricing is tied to 85% of the lowest five-day VWAP, subject to a floor.
• The supplied price context does not include volume, so trading activity cannot be assessed.