Maybe what they did wrong was use the current shar
Post# of 36537
(Total Views: 267)
Posted On: 08/10/2020 2:01:18 PM
Maybe what they did wrong was use the current share price at that time. The company you linked here put out an S1 for only 5M shares at $16, then al the rest of their shares just tagged along.
CALCULATION OF REGISTRATION FEE
Title of Each Class of
Securities to be Registered
Amount to be
registered(1)
Proposed
maximum
aggregate offering
price per share(2)
Proposed
maximum
aggregate
offering price(3)
Amount of
registration fee(4)
Common Stock, par value $0.0001 per share
5,750,000 $16.00 $92,000,000 $11,941.60
However our S1 says
CALCULATION OF REGISTRATION FEE
Title of Each Class of
Securities to be Registered Amount to be
Registered(1) Proposed
Maximum
Offering Price
per Share(2) Proposed Maximum
Aggregate Offering Price Amount of
Registration Fee(3)
Shares of Common Stock, par value $0.001 per share 26,806,714 $ 0.5555 $ 14,891,129.60 $ 1,932.87
CALCULATION OF REGISTRATION FEE
Title of Each Class of
Securities to be Registered
Amount to be
registered(1)
Proposed
maximum
aggregate offering
price per share(2)
Proposed
maximum
aggregate
offering price(3)
Amount of
registration fee(4)
Common Stock, par value $0.0001 per share
5,750,000 $16.00 $92,000,000 $11,941.60
However our S1 says
CALCULATION OF REGISTRATION FEE
Title of Each Class of
Securities to be Registered Amount to be
Registered(1) Proposed
Maximum
Offering Price
per Share(2) Proposed Maximum
Aggregate Offering Price Amount of
Registration Fee(3)
Shares of Common Stock, par value $0.001 per share 26,806,714 $ 0.5555 $ 14,891,129.60 $ 1,932.87
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(0)Generex Biotechnology Corp. (GNBTQ) Stock Research Links
Disclaimer: Of course, all of this is my opinion and you should not make any investment decisions based on my opinion. I have not received any non-public information.
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