No. As I understand it, if there are 4,000 people wanting $15,000 each then the total sought is $60 million but the cap is $40 million so it is scaled down for everyone so everybody would get 2/3 which is $10,000 worth each. At 31.5 cents per share you would get 31,746 shares.
SXY Price at posting:
38.5¢ Sentiment: Buy Disclosure: Held