Assume a venture has 3,500,000 common shares outstanding. One year later a Series A investor invests $1,300,000

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Assume a venture has 3,500,000 common shares outstanding. One year later a Series A investor invests $1,300,000 in the venture with a post-money valuation of $9,500,000. Another year later a Series B investor invests $5,800,000 at $0.47 per share. Assuming Series A investor has a Weighted Average Anti-Dilution provision. What amount of additional shares are issued to Series A investor in Series B round?

- A. 1,686,501

- B. 2,363,636

- C. 1,808,758