Question: THE ANSWER IS D, BUT NOT SURE HOW TO SOLVE. PLEASE HELP, THANKS!! Assume a venture with 4,000,000 common shares outstanding. One year later a
THE ANSWER IS D, BUT NOT SURE HOW TO SOLVE. PLEASE HELP, THANKS!!
Assume a venture with 4,000,000 common shares outstanding. One year later a Series A investor invests $2,500,000 in the venture with a post-money valuation of $11,300,000. Another year later a Series B investor invests $4,500,000 at $1.12 per share. Assuming Series A investor has a Full Ratchet Anti-Dilution provision. What amount of additional shares are issued to Series A investor in Series B round? a. 2,232,143 b. 4,017,857 c. 1,136,364 d. 1,095,779
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