Might be a nice play here indeed from a risk/return perspective over the next 8 weeks
IMO max sell down price will be $7.80 and that will only be in event somehow they ramp this through previous high and it rockets quickly into 'new territory' for the tea leaves - probability IMO of this = < 10.0%
IMO most likely scenario is that founder sell down will occur between $6.30 and $6.85 a share and that the immediate aftermarket will trade at/near the clearing price.
IMO the mandated broker probably being offered ~4.0% comm on the founder sell down shares to align interests in ramping the stock so they can 'fill and kill' their clients when the trigger is pulled.
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Might be a nice play here indeed from a risk/return perspective...
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