Suppose that EBV makes a $6M Series A investment in Newco for 1M shares at $6 per share. One year later, Newco has fallen on hard times and receives a $6M Series B financing from Talltree for 3M shares at $2 per share. The founders and the stock pool have claims on 3M shares of common stock. What percentage of Newco would be controlled by EBV following the Series B investment? What would be the post-money and pre-money valuations? Consider the following cases:

Case I: Series A has no antidilution protection.

Choose the correct answer in the following order: % controlled by EBV; post-money; pre-money

Group of answer choices

14.3%; $14M, $8M

14.3%; $20M, $8M

14.3%; $14M, $24M

10.0%; $14M, $8M