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Re: janeyH post# 2205

Monday, 10/16/2023 10:46:16 AM

Monday, October 16, 2023 10:46:16 AM

Post# of 2245
There are approximately 3.0 Billion shares outstanding not including the $25.0 milliion to Morgan Stanley
So, at $.02/share the current market cap is $60.0 million.
You add in the $25.0 million of debt and that comes to $85.0 milllion
The valuation seems fair.....haven't done a deep dive on how much we (sanuwave will have after the merger. I'm assuming the spac sponsors will retain 20%
So, yeah...these numbers seem right
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