That is the simple question here folks--at what price did they agree upon for the new rd of financing they need for multiple stage 3 ? Hoffman bought 5mm shares with cost average of 13$ --that is 65mm. Will he be part of the financing at this point to avg down or has he given up his hope 1 year ago Either a big new decent comp is involved with other bankers and they can move this to 4-5 for 7-8mm shares or do they need to stay lower and really dilute? That will be answered soon.
I mean 2.3b$ increase. On the other hand Gluu has lost 250mm$ in cap over miniscule # changes but with no real lonmg term change. And they have added two megastars to their lofty perch in this genre already.