Nico.lab Pre IPO, page-705

  1. sle
    10,837 Posts.
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    29/07/24
    16:58
    Post #: 74966970
    When (if) it lists they'll receive shares relative to the $1 figure. Anything above a dollar in the IPO is a 1 for 1 share as I understand it. Under a dollar and let's say 50 cents as it's easy then it's 2 for 1. My understanding only. Takeover a similar scenario if I'm reading correctly.
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