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Thursday, January 12, 2023 10:00:25 AM
The offering price is $4 per share but after a 10-to-1 reverse split. So, basically it's an offering at $0.40 per share in today terms, or about a 33% discount at today's pricing.
If they pull it up at that pricing, no guarantee it won't happen at a discount to $4, the fully diluted market cap of the company will be around $26M.
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