Seeing some questions about the new $ZETA filing. This is NOT a traditional $25M capital raise. Zeta can issue up to $25M worth of stock over the next several quarters to pay a service provider. At around $30.56 per share, that would equal roughly 818K shares, or about 0.36% dilution to the current Class A share count. Not ideal since it is dilution, but it’s very small, preserves cash, and changes absolutely nothing about my long-term thesis.
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Brennan @qqqmad · 32m
Wayyy better than taking out debt at current interest rates, I think it’s very smart
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