Let's say each of the 3 subs raise $50M each. That
Post# of 30028
Could be $10M, could be $200M, but Elto likely doesn't need a lot and we have a good indication of what ESS needs from past presentations.
Let's also say they do one at a time as it's unrealistic to think they would do all 3 subs at once. Investors won't know about the IPO way in advance so it would come as a surprise. Even if they gave a good percentage of the sub in exchange for funding, that would shoot AMBS way up as you know thereal value for one of the subs and you can envision what will take place with the others.
Anyone funding one of the subs could have friends that would likely be buying AMBS in the open market also adding to the buying pressure.
However they do it that is two logic reasons why more is coming and coming soon.
1. GC has been working without a salary for a long time and I don't know who else is there and are they in the same working for share structure.
2. The lenders wouldn't have gone along if the can was just going to be kicked down the road another year.
I see the sp slowly rising once more than a handful of investors start to figure out what's happening. Yep, of course there is risk, but we waited two years for this to happen.
How An IPO Is Valued
Quote:
For many investors, the only real exposure they have to the IPO process occurs a few weeks prior to the IPO, when media sources inform the public. How a company gets valued at a particular share price is relatively unknown, except to the investment bankers involved and those serious investors who are willing to pour over registration documents for a glimpse at the company's financials. This article will look at what investors need to know about the IPO valuation process. (For more, see The Ups And Downs Of Initial Public Offerings.)
https://www.investopedia.com/articles/financi...valued.asp
IPO ‘On-Ramp’ a Qualified Success
January 25, 2017 | CFO.com
http://ww2.cfo.com/capital-markets/2017/01/ip...-jobs-act/