Archide
$CFOR A while back I posted about expected dilution this year for funding. My guess was 8-12%.
Coincidentally at this $4.05 wall I think that would be:
$5.7M @$4.05 pps is 1.4M shares
1.4M shares is roughly 11.3% increase in outstanding shares. Which we knew was coming, adding runway for payroll and operating costs as the business matures.
I expect the $5.7M trigger within the next couple weeks and before the 10-Q Q3.
That will be cash from share purchases, not future equity from sponsored IPOs.
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