At $.10 with 41m shares outstanding and 4% fully diluted this comes out to a playup valuation of $102m.
The premoney valuations listed in the April 2018 document shows premoney valuation between $40m and $120m, so a post money valuation of $80m to $160m. Therefore at $.10 we would be getting in at between an 20% premium and a 50% discount to that round of financing.
Does anyone know what premoney valuation was actually achieved?
The rest of the upside is based on increase in value once it is actually listed and trading. Some article said $700m but I don't think we really have any idea.
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