Shares were sold at $10.96, a ~2% discount to the current $11.18 share price. Was the US not able to sell these shares on the open market because it would tank the price and value of the shares?
Edit: Facepalm. 2% not 20%
Edit: Facepalm. 2% not 20%
That checks out. A 20% discount would've been `11.18-0.2*11.18=8.944`.