All depends on how the deal is structured and what the FV (Future Value) perceived at.    Both M&A and buyouts have their advantages and disadvantages. 

Many variables go into valuation but higher annual revenue (thus stronger P/E ratio), the higher premium the company will get.

Here are some simple valuations (per share) based on current S/S.

$0.01 --> Valuation is at $9.75M

$0.02 --> Valuation is at $19.5M

$0.05 -->  Valuation is at $48.75M    

$0.10 --> Valuation is at $97.5M   

Hope this helps.