hard · Private Equity
In a 'weighted average' anti-dilution calculation, A = 2,666,667 (shares before round), C = 333,333 (shares that would have been issued at old price), and D = 500,000 (actual shares issued).
If the old conversion price was $9.00, what is the new conversion price?
- $7.50
- $8.53
- $6.00
- $8.80
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