Rocket Fuel? Billion Dollar Company? On July
Post# of 33026
(Total Views: 129)
Posted On: 08/04/2025 9:51:10 AM
Rocket Fuel?
Billion Dollar Company?
https://www.sec.gov/ix?doc=/Archives/edgar/da...orm8-k.htm
Looks like TON is at $3.40 at the moment.
IF I calculated this right (BIG IF), that would put the value of that TON over 1/2 a billion. That was just from using about 1/2 of the expected gross proceeds of about $558 million. Seems like a great position to be in.
That would put the holdings at approximately
TON: $558M
CASH: $280M
TOTAL: $838M (minus placement fees 5%, etc.)
Please verify the numbers yourself as I done this very quickly on new news.
Billion Dollar Company?
Quote:
On July 31, 2025, Verb Subsidiary 3, Corp., a wholly owned subsidiary of the Company, entered into a purchase agreement to purchase TON in the aggregate amount of approximately $272.7 million at a purchase price of $1.83 per TON. The closing of the TON purchase is contingent upon the satisfaction of certain conditions, including the closing of the PIPE Financing, and customary conditions as set forth therein.
https://www.sec.gov/ix?doc=/Archives/edgar/da...orm8-k.htm
Looks like TON is at $3.40 at the moment.
IF I calculated this right (BIG IF), that would put the value of that TON over 1/2 a billion. That was just from using about 1/2 of the expected gross proceeds of about $558 million. Seems like a great position to be in.
That would put the holdings at approximately
TON: $558M
CASH: $280M
TOTAL: $838M (minus placement fees 5%, etc.)
Please verify the numbers yourself as I done this very quickly on new news.
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