Correction of Market Cap for WRLS
Is there a reason the market cap information for WRLS remains incorrect since my first inquiry in May?
A previous post is included below for reference. Your attention to this matter would be appreciated.
I originally posted on May 14, 2018 that Yahoo Finance displays incorrect market cap and shares outstanding for WRLS (https://yahoo.uservoice.com/forums/382977-finance/suggestions/34244302-incorrect-market-cap-for-wrls) and again on May 29 (https://yahoo.uservoice.com/forums/382977-finance/suggestions/34383751-still-have-incorrect-market-cap-for-wrls)
This has been fixed for other companies in a matter of days - can this please be corrected as soon as possible? Please let me know if there is anything I can do to assist in correcting this information.
The correct information is provided on Nasdaq's website (https://www.nasdaq.com/symbol/wrls).
According to Pensare's latest 10-K (https://www.sec.gov/Archives/edgar/data/1704760/000161577418005902/s110943_10k.htm), it has 38,812,500 shares outstanding.
Hello Brian,
Please see the excerpt from the company’s filings below.
Pensare Acquisition Corp. Form 10-Q filed on Feb-14-2018
Common Stock — The Company is authorized to issue 100,000,000 shares of Common Stock with a par value of $0.001 per share. Holders of the Company’s Common Stock are entitled to one vote for each share. At December 31, 2017 and March 31, 2017 there were 8,157,739 and 10,800, respectively, shares of Common Stock issued and outstanding, (excluding 30,654,761 and 0 shares of common stock subject to possible redemption).
Pensare Acquisition Corp. Form 10-Q filed on Nov-15-2017
Common Stock — The Company is authorized to issue 100,000,000 shares of Common Stock with a par value of $0.001 per share. Holders of the Company’s Common Stock are entitled to one vote for each share. At September 30, 2017, and March 31, 2017 there were 8,101,582 and 10,800, respectively, shares of Common Stock issued and outstanding, (excluding 30,710,918 and 0 shares of common stock subject to possible redemption).
Pensare Acquisition Corp. Form 10-Q filed on Sep-11-2017
As of September 8, 2017, 38,812,500 shares of the Company’s common stock, par value $0.001 per share, were outstanding.
Pensare Acquisition Corp. Form S-1/A filed on Jul-26-2017
Thank you!
Regards,
Yahoo Finance Support