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. ๐ Posts
Discussion
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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. ๐ Posts
Discussion
1. Investment Snapshot
2. Capital Structure
3. Valuation
Discussion
Symbol
CART
Event Date
2023-09-19
Sector
Industrials
Subsector
Commercial Services & Supplies
Offer Range
โ
Shares Offered
22M
Shares Outstanding Pre-IPO
240.37M
260.5M
โ
Implied Upside vs Midpoint
$00.00Description
โ
Post-IPO economic shares by class.
| Class | Shares | % Economic |
|---|---|---|
Common Stock (listed) 1 vote per share (post-IPO unified voting common stock) | 86.48M | 33.2% |
Redeemable Convertible Preferred Stock Converts to common stock at IPO; liquidation preference $2,828 million ยท Converts 1-for-1 to voting common stock at IPO | 167.3M | 64.2% |
Exchangeable Shares Converts to non-voting common at IPO ยท Exchanges 1-for-1 into common stock | 689K | 0.3% |
Series A Preferred Stock (Concurrent Private Placement) Convertible into common stock | 6.03M | 2.3% |
| Total economic shares | 260.5M | 100% |