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Torch My Taco want to raise $800,000,000 in an equity offering to purchase Taco Smell. Torch Me will be charged a 5.75% Flotation Cost by

Torch My Taco want to raise $800,000,000 in an equity offering to purchase Taco Smell. Torch Me will be charged a 5.75% Flotation Cost by the investment bankers and the current stock price is $68.74 per share. How many shares must Torch My Taco sell in order to meet the target capital raise? Round to the nearest 100 shares.

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