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Technology Stocks : Gigoptix, Inc.
GIG 10.57-0.1%Nov 7 9:30 AM EST
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To: Roger W. Bowen who wrote (4)7/24/2004 9:12:24 AM
From: Done, gone.  Read Replies (1) of 148
 
do current share holders of MVIS get any shares of LMRA when it goes public?

It went public yesterday, and here are the specifics of MVIS share ownership of LMRA:

sec.gov

Excerpt from the above: "As of March 31, 2004, assuming conversion of all outstanding shares of Series A preferred stock, Series B preferred stock and Class B common stock into common stock, Microvision owned approximately 52% of our outstanding common stock, and upon completion of this offering, will own approximately 33% of our common stock."

In other words: current MVIS shareholders did not get any shares directly, but instead hold LMRA via their MVIS holdings.
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