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
DRCT
Event Date
2022-02-09
Sector
Communication Services
Subsector
Media
Offer Range
โ
Shares Offered
20M
Shares Outstanding Pre-IPO
736.24K
20.74M
โ
Implied Upside vs Midpoint
$00.00Description
โ
Post-IPO economic shares by class.
| Class | Shares | % Economic |
|---|---|---|
Class A Common Stock (listed) 1 vote per share | 20.7M | 99.8% |
Series A Convertible Preferred Stock Voting together with Common Stock on an as-if-converted basis; holders entitled to one vote per Common share into which convertible ยท Convertible at holder option into Conversion Shares = Accumulated Conversion Value / $550.00 (rounded down), subject to beneficial ownership limits | 35K | 0.2% |
| Total economic shares | 20.74M | 100% |