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NTP Inc. raises its first venture round of 7,000,000.00 at a pre-money valuation of 14,000,000.00 from A-Capital. Before the round, the company had 100,000.00 shares


NTP Inc. raises its first venture round of 7,000,000.00 at a pre-money valuation of 14,000,000.00 from A-Capital. Before the round, the company had 100,000.00 shares outstanding, solely distributed among the founders. Unfortunately, NTP Inc. did not meet its growth targets. In an attempt to save the company, NTP agrees to raise an additional 4,000,000.00 at a 9,000,000.00 pre-money valuation form B-Capital.

Since A-Capital has negotiated for a full ratchet anti-dilution protection, how many free shares are issued to A-Capital? (Please round any occurring share fractals during the calculation steps to an even amount of shares)








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