they have ZERO debt they do have a debt ability of 200m with GE capital that isnt even finalized or been tapped. They used the money from the new capital company to pay off all existing aeon debt. Since the money the new company gave was more than aeon was on tap for, and its a merger, makes pretty clear sense they should get proportionally more shares than aeon did. Based on that, aoen has like 54% or so, and it sounds like the new company will have like 65%ish. But it will also allow the company to aggressively pursue growth and avoid a massive amount of regular expense occured as a result of their debt.