Elah Holdings Inc fka RELYQ (ELLH)

[vpagano]

Pagz back of envelope typed out model Part 1:

12.201 MM s/o (latest financials)
4.000 MM planned share offering
16.201 MM s/o post-offering

let vOP = offer price

$125MM equity finance component
-4(vOP) equity raise $
125 - 4(vOP) post-offering $ needed from rights

let vRP = rights price

[125 - 4(vOP)] / vRP = shares needed via rights

16.201 / [ [125 - 4(vOP)] / vRP ] = shares for 1 rights offering share

16.201 + [[125 - 4(vOP)] / vRP] = new share count

...what will the offerings be price at?