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Re: LilC24 post# 43108

Friday, 03/05/2021 1:42:53 PM

Friday, March 05, 2021 1:42:53 PM

Post# of 70714
I had very similar questions, I called the IR last night and they were very informative. Short answer. As it gets closer to the IPO the valuation will be set by the company and the market. Each round that they go through before then the company is established what they feel the market value should / would be.. aside from that the only thing that is clear is today the pre price is 2.50 until midnight tonight, then closes opens back up in 7-10 days and they will sell for 5.00. In theory your shares bought today at 2.50 are now valued at 5.00. This price may go up or down a few more times until the actual price is set for the IPO.. then the market will decide what the price is..
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