Tuesday, August 23, 2016 10:40:11 AM
That is wrong. Microbot is essentially buying the shell from STEM, which will go private. STEM share holders will get 5% of the new shares. Assuming a similar number of shares Outstanding, at the time of merger, that's 50 new company shares for every 1000 held. Microbot has less than 10 employees they have developed some products but sold few at this point. Their valuation is likely quite low.
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