Samsara Luggage Inc (SAML)

[MightySam]

I still don't understand how you are coming up with 3 billion shares. Maybe i am just reading the below wrong.

At the Effective Time, Darkstar’s stockholders will continue to own and hold their existing shares of Darkstar’s common stock, and all outstanding and unexercised options to purchase shares of Darkstar’s common stock and outstanding and unexercised warrants to purchase shares of Darkstar’s common stock will remain in effect pursuant to their terms. Immediately after the Merger, assuming an exchange ratio of 458.124, Samsara’s stockholders as of immediately prior to the Effective Time will own approximately 80% of the outstanding capital stock of Darkstar, with Darkstar’s stockholders as of immediately prior to the Effective Time owning approximately 20% of the outstanding capital stock of Darkstar. The exchange ratio formula excludes Samsara’s outstanding stock options and warrants and Darkstar’s outstanding stock options and warrants. These estimates are subject to adjustment prior to closing of the Merger.

**80% of Outstanding capital stock**