We’re going public to be more nimble and responsive for our clients and for us, and to give us capital and currency for Mergers &Acquisitions, which has and will continue to be central to our strategy.”
When Leap is sold neither of the current above will apply. Nasdaq uplist average boost to SP is 260% with no news applied. Emmac IPO and NAV will no longer apply. Juvenescence further fundraise and IPO NAV will no longer apply. Factom $10 million no bid contract NAV will no longer apply.
The sooner we forget about NAV the better. It’s a historic figure that shows value when they first bought or reflects any additional fundraise after.
It’s a very blunt tool and merely a necessary figure that has to be applied.