The vesting conditions are $120 million over 2020 and 2021. By comparison Newing in his valuation assumed $230 million revenue in those 2 years.
Over 3 years the vesting condition is $200 million. By comparison Newing had sales of $450 million.
Either Newing's revenue forecast is much too high (and so is his valuation), or the terms for vesting are way too low.
The vesting conditions are $120 million over 2020 and 2021. By...
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