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. 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
SION
Event Date
2025-02-07
Sector
Health Care
Subsector
Pharmaceuticals
Offer Range
โ
Shares Offered
8.82M
Shares Outstanding Pre-IPO
71.48M
80.3M
โ
Implied Upside vs Midpoint
$00.00Description
โ
Post-IPO economic shares by class.
| Class | Shares | % Economic |
|---|---|---|
Series Seed Convertible Preferred Stock Voting rights; converts to common at IPO ยท Converts to common stock at IPO (aggregate all preferred converts to 27,149,206 shares) | 3.96M | 4.9% |
Series A Convertible Preferred Stock Voting rights; converts to common at IPO ยท Converts to common stock at IPO | 5.7M | 7.1% |
Series B Convertible Preferred Stock Voting rights; converts to common at IPO ยท Converts to common stock at IPO | 11.37M | 14.2% |
Series C Convertible Preferred Stock Voting rights; converts to common at IPO ยท Converts to common stock at IPO | 18.63M | 23.2% |
Common Stock (post-IPO) (listed) 1 vote per share | 40.64M | 50.6% |
| Total economic shares | 80.3M | 100% |