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
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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. 𝕏 Posts
Discussion
1. Investment Snapshot
2. Capital Structure
3. Valuation
Discussion
Symbol
WLTH
Event Date
2025-12-12
Sector
Financials
Subsector
Financial Services
Offer Range
—
Shares Offered
34.62M
112.2M
—
Implied Upside vs Midpoint
$00.00Description
—
Post-IPO economic shares by class.
| Class | Shares | % Economic |
|---|---|---|
Common Stock standard voting; 42,344,666 shares outstanding at July 31, 2025 (actual); pro forma as adjusted: 146,266,498 outstanding after IPO (includes 21,468,038 new shares + 69,852,421 preferred conversion - 1,448,669 treasury) | 42.34M | 37.7% |
Redeemable Convertible Preferred Stock converts to common at IPO; aggregate liquidation preference ,393K at July 31, 2025; multiple series issued since 2007 | 69.85M | 62.3% |
| Total economic shares | 112.2M | 100% |