Well it's not the company selling, it is Oasis. It mentions a maximum price (for fee calculation) of $4/share which goes in line with NGIO being listed for $4. However that is for fee calculation only, so NGIO could go public for $10 for all we know. I don't know if Oasis already has 1,700,000 shares of NGIO. Maybe Joe will provide insight on this.
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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.