Where do you get the 90M outstanding???
Neither 90 million or 14.658 million are correct. The prospectus
says on page 4:
Offered to public: 13,000,000 shares
Offered to Cisco: 672,043
Offered to Com21: 89,606
Offered to Microsoft: 896,057
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Total offered: 14,657,706
==========
Total outstanding after IPO:
New holders: 14,657,706 shares
Current holders: 37,275,166
----------
Total shares: 51,932,872
==========
There are options outstanding and planned in the order of
17.5 million, also detailed on page 4. |
