tikfed

Ok…..I have to dig this one up from the grave.
I don’t think the answer is B. I need someone to verify this.
I see it like this…
Common shares: 100M
PStock: 5M x 3 = 15M
Warrants: 10M
500,000,000 / (100,000,000+15,000,000+10,000,000)= $4.00
Since the exercise price for the warrant is $25 per share (which is
JB