Hi, dumbass here. I've worked at a private company for a couple years that is now merging w/ a public company and they will go public under the same ticker. As part of my package, I was awarded stock options in the form of RSUs. Like 100k RSUs with a dirt cheap ($0.001) exercise price - all pretty standard from what I gather. Pretty routine vesting schedule and many years until expiration.
I'm struggling to understand what kind of value these things will have after the merger. Obviously I want to know just generally, but I'm also in the process of negotiating a promotion and raise, which is difficult when I'm in the blind on the stock options. The public company (pre-merger) currently trades at $8/share (fudging the numbers here...don't try to figure it out). They have publicly announced that the equity value of the merger is expected to be "2 billion dollars at the $8 per share PIPE price." Is any of this information relevant? i.e. could I expect to be able to exercise vested options at a level around $8, or should I anticipate something of a completely different magnitude?
Submitted March 17, 2021 at 06:53PM by parchedwhale https://ift.tt/3cH5oU1
