Samengevat -lol-:
from the $25 million investment, "After giving effect to the sale of an assumed 138,274,336 shares of our common stock for aggregate gross proceeds of $25,000,000 (assuming the sale of the maximum offering amount, and based on a number of shares equal to 112.5% of $25,000,000 divided by 90% of the closing price of our common stock of $0.226 on February 3, 2021, for an effective assumed offering price per share of $0.181) in this offering, and after deducting estimated offering expenses payable by us, our pro forma as adjusted net tangible book value as of September 30, 2020 would have been approximately ($29.5) million, or approximately ($0.012) per share of our common stock. This represents an immediate increase in net tangible book value of $0.011 per share of our common stock to our existing stockholders and an immediate dilution in net tangible book value of approximately $0.193 per share of our common stock to new investors. The following table illustrates per share dilution: $0.18 (?)