Background: Ring Founder Taking Over Latch (Latch / HDW Merger) and Latch Stock Plunges Record Low, March 2023.
**** *** **** ******* / ******** CEO **** ****** ******? ** ** determined. *** *** ***** ** ***** the ****** ** ********** ********** ** him ***** **.
** *** ***** ****, *** ****** capitalization ** ***** ***** $*** *******, which ** ***** *** *****, *********** they **** ********* ** **** ***** of **** ** *** **** (** can't ** ******* ***** **** **** not ******** ********** ** **** * year, ***** ** ** ******, ***** a *******).
*** ******* ****** ** *** *** Ring ******* ******** *** ********** *** deal, ******* **** *** ****** **** month:
***** *** ***** ******* ***** **** an ***********, *** ********* ****** ********* ** ** ** "Agreement *** **** ** ******". ******** *** *****, *** ****** is ********** *** *** ****** ** be ******** ** *** ***** ***** increases (*** *********, *** ***** ** still ***** $* *****):
********, ******** ****** ** **** ****** $15 ******* *** *** ***** ***** increasing ** $*: