Given a text, write a compressed version of it in a single sentence.

Let me give you an example: Except for this small vocal minority, we have just not gotten a lot of groundswell against this from members, " says APA president Philip G. Zimbardo of Stanford University.
The answer to this example can be: "Except for this small vocal minority, we have not gotten a lot of groundswell against this," says APA president Zimbardo.
Here is why: Both texts convey the same meaning that they have not gotten much groundswell against this except for small minority.

OK. solve this:
Depending upon how many warrants and options are exercised prior to completion of the transaction, Heritage would issue between 1.8 million and 2.35 million preferred shares, a Heritage spokesman estimated.
Answer:
Based upon the options exercised prior to completion of the transaction, Heritage would issue between 1.8 million and 2.35 million preferred shares.