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Hi, this is the homework question I have. I don't understand it all so if you can explain it that would be nice! Surgical Supply
Hi, this is the homework question I have. I don't understand it all so if you can explain it that would be nice!
Surgical Supply Company, LLC ("Surgical") has issued 800,000 Common Shares to the founder/managers and has authorized a Stock Option Pool with 200,000 shares available upon the exercise of existing and future stock option grants. Surgical also raised a Series A Round of Financing last year by issuing 250,000 Convertible Preferred Shares at $20 per share. Today, Surgical has completed a Series B Round of Financing by issuing 1,000,000 Participating Preferred Shares at $15 per share. 22. Assuming that the Series A investors had no Anti-Dilution Provision, what percentage ownership do the Series A Investors have at the conclusion of the Series B Round of Financing on a fully-diluted basis? 23. Assuming the Series A Investors had a Full Ratchet Anti-Dilution Provision, what percentage ownership do the Series A Investors have at the conclusion of the Series B Round of Financing on a fully-diluted basis? 24. Assuming that the Series A Investors had a Weighted Average Anti-Dilution Profession, what is the Unrealized Capital Loss on the Series A Investors' investment positionStep by Step Solution
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