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Re: thermo post# 694

Saturday, 09/09/2023 8:43:41 AM

Saturday, September 09, 2023 8:43:41 AM

Post# of 863
Total enterprise value is $60M (equity cap) + $37M (debt) + ~$100M (new money to fix the application and get to commercialization), or about $200M total EV. If approved, the company should be worth a significant amount, so new investments can provide 5x - 20x return. That's a wide band because it very much depends on the price of the equity needed to repay debt and to fully commercialize.
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