Quantum (QMCO) announced the company’s senior lenders recently exercised previously issued warrants to purchase shares of Quantum’s common stock. “These transactions had been incorrectly reported by certain news outlets as a disposition of shares. The company wanted to clarify the nature of these transactions and also reiterate that the associated parties are currently restricted from selling Quantum’s common stock as a result of Quantum’s quarterly and financial results calendar,” the company stated.
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