skyrockets_Inc
Nov 9, 5:13 PM
$CRBU Officially starting my position, 200k shares as of now at 0.44/share avg. Will add more if it drops. Latest 10Q is out and my math estimates from early Oct were scarily accurate. Updated numbers below.
CRBU RM Valuation:
--> 100m cash, -20m liability = 80m end of Q3 (Sept 30, 2026)
--> -22m estimated Q4 burn, inclusive of restructuring costs
--> -12m estimated early lease cancellation fee
=46m cash remaining (Dec 31, 2026), starting point for merger valuation. Likely will bring ~35m of that to actual merger closing + NASDAQ shell (worth 10m)
=Total valuation of ~45m for RM (108m shares OS) = 0.41/share FLOOR giving ZERO value to any legacy assets.
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