HOOD share dilution 97+ million shares added to 842 million shares outstanding

Sharing is Caring!

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.

See also  Mainstream Italian TV channel: "our current 61 million population will decrease to 32 million, due to zero birth rates and multiplied deaths

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
See also  Joe Biden Slips And Shares CDC’s Agenda…

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

402 views

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.