Luckin Coffee Inc (LKNCY)

[food4thought]

Yezzir.

The $250 mill private equity placement isn’t terribly concerning. If anything it shows they have capital raise options and interested parties. The market cap here is extremely undervalued. Given a future raise in capital, and given their current business growth recognition in this release, id say the valuation for another raise will be favorable. But you are correct, that is dilution, and the terms of which, we have yet to be informed. The fact that the JPL and bond holders are secure and see strong liquidity and identify their business as on track and in-line with growth expectations is extraordinary. Rocket fuel my friend.