The capital structure of Ricketti Enterprises Inc. consists of $12$ million shares of common stock and $4$ million warrants. Each warrant gives its owner the right to purchase one share of common stock for an exercise price of $$20.$ The current stock price is $$25,$ and each warrant is worth $$6.$ What is the new stock price if all warrant holders decide to exercise today? $($Round the final answer to $2$ decimal places. Omit $ sign in your response.$)$

New stock price $