MultiPlan Corp (NYSE:MPLN)
$ 0.3665 -0.0165 (-4.31%) Market Cap: 236.34 Mil Enterprise Value: 4.72 Bil PE Ratio: 0 PB Ratio: 0.20 GF Score: 55/100

Multiplan Corp Address Recent Volatility in the Stock Call Transcript

Nov 08, 2021 / 01:00PM GMT
Release Date Price: $3.95 (-0.25%)
Shawna Gasik

Okay, everyone, good morning. I think we're going to go ahead and get started. Thank you for joining the call, (Operator Instructions)

I'd now like to turn the call over to Dave.

David L. Redmond
MultiPlan Corporation - CFO & Executive VP

Thank you, Shawna, and good morning, everyone. We filed a release this morning talking about the registration statement that we filed on Thursday. The purpose really of this call is to clarify our recent filing on Form S-3 we made on November 4, 2021, last Thursday, relating to the resale shelf registration statement. This is a customary resale shelf registration that is filed in connection with the convertible notes of the kind we have outstanding. We were required to take this action at this time by the registration rights agreement entered into at the time of the issuance of the convertible notes last year, October 2020, related to the transaction that we closed on a October 8, 2020. We don't know whether if or when any of these note holders may convert their share -- their notes into shares. But note

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