No idea about these technicalities.
However, pre-offer investors contributed in the range of 9% to 46% of their holding as OFS. Hence, I infer that they had the flexibility to decide.
This information can not be the basis for a decision to buy equity in the secondary market, a relevant field for the ongoing game.
My framework of thinking is forward-looking – Opportunity Size, Scalable Proven business model that fulfills one of the basic needs of humans (look nice: BPC+fashion), self-sustainable (financial strength), Owner Operator Management, and potential for respectable ROE due to low capital intensity and high asset turns.
All it needs is time !!!
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