If GMV draws $10M tomorrow, the person who will be affected the...

If GMV draws $10M tomorrow, the person who will be affected the most will be the CEO himself. With over 50% ownership, not only he will be diluted by over 20% but will also own less that 50% of the company. Really doubt that will be his first move but if he does, he better have a good reason for doing so.

in regards to FDA being on time, yes a delay is possible. However CFDA and FDA are not controlled by GMV and they are issued by 2 different institutions from 2 different countries. Delays in CFDA does not affect FDA and vise versa.