Jul. 31 at 10:33 AM
$JFB your post is here because of this picture. JFB value in this deal is easy to evaluate. 19.9% of
$1.5B newco valuation (without all the contracts etc) is
$300M. Big players were buying @12.5$ pre split. Newco set the floor of
$6 per share. 6.25$ per share is the price that PIPE investor got their shares. Non diluted number of shares is a little harder to claculate so i will just give you number. 32M shares. That would give you share price od above 9 @1.5B market cap.
