via WSB:
For those who compared the # of shares sold in the recent IPO to the recent dilution of > 97 million shares for HOOD. The dilution is significant, although I find it should be compared to the # of shares outstanding, not to the # of shares that could be sold in the IPO.
| HOOD as of 8/5 4 PM close | |
|---|---|
| Market capitalization | $42.59 billion |
| Price per share | $50.97 |
| # of shares outstanding | > 835 million |
which are close to the numbers in the SEC filings by HOOD
| # of shares outstanding before the IPO | as of July 218th |
|---|---|
| Class A common stock | 655,874,456 |
| Class B common stock (we cannot buy this) | 132,573,754 |
| Maximum # of shares of class A stock, that could be sold in the IPO | 52,375,000 |
|---|---|
| After the IPO | |
| Expected # of shares, class A stock outstanding | 710,596,801 |
| Expected # of shares, class B stock outstanding | 131,807,224 |
And I realization more dilutions are allowed
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