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Equity - Party
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Good afternoon, everyone.
We'd like to start off with a preliminary discussion of pricing.
Let's do it. Where are we at?
At this point we're looking at a range of 32 to 34 a share.
At 7.2 million a share that gives us a valuation of 868 million.
Hang on just a minute.
We have to get a billion-dollar valuation.
We have looked at the comparables, Ed.
You said 34 to 36 in your pitch.
You can't leave tens of millions of dollars on the table.
We can get at least 35.
This is a balancing act. Raising money for your company...
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