OlympicGear is about to go public through an IPO whereby it would like to issue 1.7 million new shares in the IPO. Total number of shares owned by existing investors is 2.6 million. OlympicGear's Revenue is $7.2 million. Its Net Income is $432,000. OlympicGear's lead underwriter advises them that recent comparable IPOs have had Price/Revenue multiples of 14. Assuming that OlympicGear sets a similar IPO multiple, what will the IPO share price be?

Your answer should be entered as a positive number and rounded to the nearest penny (2 decimal places).