Tuesday, February 06, 2024 4:28:42 PM
There is not even going to be more than 50 million more shares issued..
“ABC’s CEO, George Sharp, has agreed to return his 300,000 Preferred “B” shares to treasury in exchange for 50 million new common shares, in order to more than offset any share issuances to new investors.
And the $30 million valuation was the valuation of GVSI at the time of the raise, not what the merging company is valued at.
Christ..
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