HiTec Co. is a booming Silicon Valley business and recently became a "unicorn" (a startup company with a valuation of $1 billion or more). The valuation reflected HiTec's most recent funding round when it raised $100 million by issuing new shares. Assuming HiTec had 900,000 shares outstanding before the funding round, and assuming a valuation of $1 billion, it issued .................. shares at the funding round.

3. HiTec Co. is a booming Silicon Valley business and recently became a "unicorn" (a startup company with a valuation of $1 billion or more). The valuation reflected HiTec's most recent funding round when it raised $100 million by issuing new shares. Assuming HiTec had 900,000 shares outstanding before the funding round, and assuming a valuation of $1 billion, it issued shares at the funding round