Question
The common stock, par value of the company, is 0.01 cents per share. As of August 13, 2020, there were 64,325,115 shares of common stock
The common stock, par value of the company, is 0.01 cents per share. As of August 13, 2020, there were 64,325,115 shares of common stock outstanding and 43,283,267 shares of common stock at a price of 1.47 per share for an aggregate market value of 63,626,402.49. While, in 2019, the company had 31,150,802 shares of common stock at a price of 3.80 per share for an aggregate market value of 118,373,047.60. Also, as of June 28, 2019, the company had 41,347,512 shares of common stock outstanding. I just want to know what was the impact of the company with the change between the two years. Also, how this change affects the shareholders............................... I need help with this for an annual report project. This part of the book had been more difficult for me. Thanks a lot
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