eyzTrade
2021-02-23

$Churchill Capital Corp IV(CCIV)$the valuation in Jan was $15b previously, and the market valuation was $60b, $60 ÷ $15 = 4x

share price $10× 4 = $40

Feb valuation was $12b, $60 ÷ $12 = 5x

share price $10 × 5 = $50

but when the news announced that the valuation was $24 bil, $60 ÷ $24 = 2.5

share price $10 × 2.5 = $25

also, the $12b PIPE was valued at $15/share.





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