Spider, you are not becoming bullish on your old days? :)
The conversion price for many equity financings in 2016 was $0.50/sh:
2016-08-19 D $2.9M, Warrants for 5M shares, strike $0.50 to Ginkgo Bioworks, 10-Q 3Q16 p54
2016-11-01 8-K Guanfu 10% p.a. $25M Credit Facility, optionally being payed back in shares
2016-11-01 8-K 10M shares $5.725M @ $0.50 with Nenter, also see 2016-11-30 D, 2016-12-23 S-3 and 2017-01-10 424b3