Jul. 16 at 6:24 PM
$HLGN so if Heliogen has
$30 Million cash at the closing, best case scenario, it would make the purchase price
$17 Million and make the exchange ratio 1.62 for every 1 Heliogen share. If its around
$20 Million, which is most likely, than the exchange ratio would be around 1.15. It would take a ZEO share price of
$10 and greater to just break even for most of us, making Bill's offer still better, I would much rather see a vote to take his offer, which unfortunately probably doesn't exist anymore