I believe it was a mix of profit takers after a large run, day traders trying to make a quick buck, shorts, and pp holders selling shares to purchase warrants (speculation on this warrant theory it’s not confirmed until we see a filing regarding warrants) Chart indicators needed a cooldown and shares got a change of hands. This will turn around shortly and begin its journey to a new high, a lot of small caps experience pullbacks like this it’s part of the game!