MKR.JO is trading 9.8% down at $2359.00 after the company announced a proposed issue of up to 8.2 million warrants and confirmed the completion of its final Nebari funding drawdown.
- The proposed warrants, expiring in June 2030, have sparked investor concerns regarding potential equity dilution.
- The sharp pullback follows these significant updates to the company's capital structure and the finalized terms of the US$ Nebari financing facility.