Hasn't been priced yet. They don't price these things until close to the offering date. It doesn't make sense to set a price way ahead of the offering.. it would likely be too high or too low. That is one odd offering. I need to sit down and parse why they would have structured it that way. It does work out to 'deferred dilution' though.
No deferred dilution.Only dilution is the new shares of 1.27 million.the rest never become dilutive.
IMHO my guess would be $56 that would make a fat bundle for the subscribers ST.
Investment much?The price is determined later.