Pincus owns more than 50% of the voting rights. NOT OF THE STOCK. Stop spreading lies on here. He owns class C shares which have 70 to 1 voting power. They're worth the same as Class A though money wise.
I think it will have to go for book @ $1.50 . The $1.5 B in cash has been depleted in last 3 months. And as we know Pinus sold for $200M five months ago and upon returning from his family summer vacation in Israel moved into his new $16 M Pacific Heights mansion. He's pretty well done with this gig!