Sorrento Therapeutics Inc (SRNE)

[KCAC]

I assume the NK news is what caused the SRNE price increase to a new 52 week high before pulling back. It looks like there is a lot in interest in IPO and I think it was a smart move for the name change. There is a lot of info in the amended prospectus including this stock split shown below. How will this affect SRNE interest in the stock if at all and would this be because of them knowing the initial price and some formula that must be used? Will SRNE still own about 8% of shares after the opening? I think NK could be trading as soon as next week.

"On July 10, 2015, we effected a 1.8515-for-1 forward stock split of our outstanding common stock. This prospectus gives retroactive effect to the split for all periods presented."