it will work like this imo:
$750m divided by $2.6bill = 28.846%
Therefore everyone will get 28.846% of what they applied for.
$15,000 applications will get 201.25, rounded to 202. Simple as that.
if you applied for $500 worth you will get $144.23 worth or 6.7 shares rounded to 7.
Scalebacks will be uniformly across the board irrespective of size of application imo.
Not exactly. Those who applied for $500 will get 100% of their application and those who applied for $1000 will get 50% of their application, as everyone gets at least $500 according to the announcement.
This means those who applied for $5K and above will get LESS than 28.846% of the amount applied for, so that the overall average is 28.846%
The more applications at the $500 and $1000 level, the greater the scaleback for $5K and above applications.
max of 202 shares each, page-27
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Last
$39.65 |
Change
0.320(0.81%) |
Mkt cap ! $121.8B | |||
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| Price($) | Vol. | No. |
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