1. Investment Snapshot
2. Thesis
3. Valuation & Price Target
4. Business & Product Moat
5. People & Governance
6. Market & Macro
7. Financial Quality
8. Risk Register
9. Prediction Market
10. 𝕏 Posts
Discussion
1. Investment Snapshot
2. Thesis
3. Valuation & Price Target
4. Business & Product Moat
5. People & Governance
6. Market & Macro
7. Financial Quality
8. Risk Register
9. Prediction Market
10. 𝕏 Posts
Discussion
1. Investment Snapshot
2. Capital Structure
3. Valuation
Discussion
Symbol
CARL
Event Date
2025-07-23
Sector
Health Care
Subsector
Health Care Equipment & Supplies
Offer Range
—
Shares Offered
6.7M
19.82M
—
Implied Upside vs Midpoint
$00.00Description
—
Post-IPO economic shares by class.
| Class | Shares | % Economic |
|---|---|---|
Common Stock One vote per share. All preferred stock converts to common upon IPO. | 4.57M | 23.1% |
Series A Convertible Preferred Stock Converts to common upon IPO; liquidation preference $13.767M | 4.9M | 24.7% |
Series B Convertible Preferred Stock Converts to common upon IPO; liquidation preference $30M | 4.34M | 21.9% |
Series C Convertible Preferred Stock Converts to common upon IPO; liquidation preference $64.5M | 6.01M | 30.3% |
| Total economic shares | 19.82M | 100% |