Not exactly correct. I called the company and was told that while the exact amount would only be determined at closing, we should "expect" around 25-26 million shares outstanding after the merger (so that could mean 26-18.7= 7.3 million new shares).
I also disagree on some of the stock compensation - it was actually down significantly last quarter due to the falling stock price and since it hasn't recovered, means it should stay down.
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