Quick math: 64,153,151 out of 100,300,000 share
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Posted On: 02/02/2021 4:54:40 PM
Quick math:
64,153,151 out of 100,300,000 shares = 63.96% GNBT ownership
100,000 Series A Super Voting Preferred Stock x 3,000 = 300,000,000 (+64,153,151 shares) total votes = 90.97% total votes
$500,000,000 NGIO valuation / 100,300,000 shares = $4.985/share
64,153,151 GNBT owned NGIO shares x $4.985/share = $319,803,457,735
$319,803,457,735 / 109,983,989 GNBT shares = $2.908/share
Results:
NGIO IPO at $5/share min with possible institutional buy in
GNBT NASDAQ up-listing at $2/share level
64,153,151 out of 100,300,000 shares = 63.96% GNBT ownership
100,000 Series A Super Voting Preferred Stock x 3,000 = 300,000,000 (+64,153,151 shares) total votes = 90.97% total votes
$500,000,000 NGIO valuation / 100,300,000 shares = $4.985/share
64,153,151 GNBT owned NGIO shares x $4.985/share = $319,803,457,735
$319,803,457,735 / 109,983,989 GNBT shares = $2.908/share
Results:
NGIO IPO at $5/share min with possible institutional buy in
GNBT NASDAQ up-listing at $2/share level
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(0)Generex Biotechnology Corp. (GNBTQ) Stock Research Links
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