Red Shoe Co$.$ has concluded that additional equity financing will be needed to expand operations and that the needed funds will be best obtained through a rights offering. It has correctly determined that as a result of the rights offering. the share price will fall from $$43$ to $$38\mathrm{.}70($ $$43$ is the rights$-$on price; $$38\mathrm{.}70$ is the ex$-$rights price, also known as the when$-$issued price$).$ The company is seeking $$17$ million in additional funds with a per$-$share subscription price equal to $$25.$

How many shares are there currently, before the offering? $($Assume that the increment to the market value of the equity equals the gross proceeds from the offering.$)($Do not round Intermedlate calculatlons and round your answer to nearest whole number, e$.$g$.,32)$