I didn't understand how the DS says that the current equity will get $1.39 per share, $2.58 per share and $3.75 per share at enterprise valuations of $1.20 billion, $1.25 billion and $1.3 billion respectively.
They havent mentioned how may warrents will be issued or at what strike price and for what % of outstanding stocks.
Also does the above mentioned prices includes the right offering to "accredited investors" or is it to all shareholders?