News for hackers. Stuff that matters.
Re:Elon Musk Settles SEC Fraud Charges by jsight on Saturday September 29, 2018 @11:53PM (#18104376)
I don't know the terms. I'm assuming that this is a new issuance at the current market price and thus would effectively provide $20 million of additional liquidity to counteract the cost of the settlement.

The details will surely be disclosed.

Re:Elon Musk Settles SEC Fraud Charges by dlubarov on Sunday September 30, 2018 @12:34AM (#18104471)
But the company could get approxately the same amount of cash by selling the new issuance on a public exchange.
Re:Elon Musk Settles SEC Fraud Charges by kissickas on Sunday September 30, 2018 @06:11AM (#18105496)
Maybe not, if the stock is already dropping. This affirms the current price to some extent.