Factom Series B30 Apr 2019 16:26
Can someone explain why Factom Series B is so highly anticipated? As far as I understand, the $6 million SAFE agreement will add potentially a max of $2 million to our current Mcap. Which is a great return but will only add about 1p to our NAV if I'm not mistaken. Of course we already hold equity but that was valued at only £550k in December's accounts. How much are we expecting this to increase by?
Not trying to deramp as I'm a holder myself but genuinely curious about the excitement around Series B.