Here is where the actual #'s come from...
<<Upon the sale of the shares in the initial public offering, CommTouch will sell
an additional 896,057 shares to Go2Net, Inc. and an additional 448,029 shares to
Vulcan Ventures Incorporated in a concurrent private placement at a price equal
to the initial public offering price less the underwriting discount (14.88/share). In
addition, a warrant will be issued to Go2Net, Inc. to purchase 1,136,000
ordinary shares at an exercise price of $12.80 per share.
By the way, the above warrant for additional shares at 12.8 is locked up for 6 months.>>
Go2net investment
896,057 shares @ $14.88 = $13,333,325.00
1,136,000shares @$12.80 = $14,540,000.00
TOTAL INVESTED $27,873,325.00
Price Target of $100 / Sh. = $203,205,700.00
Nice if it happens! |
