Michael Lerch and Japan's Death-Spiral Financing

Michael Lerch's fund Evo buys floating-strike equity warrants in Japan. These instruments cause equity dilution and price declines, known as 'death spiral' financing. The model is used by small-cap Japanese firms facing cash flow issues.

https://m.techflowpost.com/en-US/article/31245

#bitcoin #japan #financing #equity #warrants