What can I say, the media has it wrong.
It is literally the footer on the first page of the ann
1The estimated US$360 million is comprised of the following:
• US$200 million value for SMX
• US$126 million of cash in trust with the SPAC if no redemptions
• US$31 million SPAC sponsor position
So the merged entity is worth $200m - then go look up the value of LION & do some math
