Dec. 23 at 4:33 PM
$CHAI sorry last post didnt factor in fully diluted share count, this is updated based on 20.5 M shares. Still trading under value
$CHAI — PPS Update (Share-Count Adjusted)
Following up with an updated, filing-based view.
Using ~
$91M pro-forma revenue and ~20.5M fully diluted shares (per recent F-3 disclosures), here’s the clean math:
• 1× sales → ~
$4.40/share
• 2× sales → ~
$8.90/share
• 3× sales → ~
$13.30/share
• 4× sales (AI/AdTech comps) → ~
$17.75/share
At current prices, CHAI is trading well below 1× sales, despite updated pro-forma numbers.
As dilution stabilizes and the market fully digests the revenue profile, the re-rating potential remains meaningful.
Still bullish, now with tighter math.