After more than half a year of preparation, compounded by over two months of arduous negotiations by Li Mushi in the United States, the obstacles to Crowdfunding Network’s NASDAQ listing had been largely cleared. The process was now entering the registration and approval stage.
As the cost of going public, Li Mushi’s shareholding would drop to 37.5%, and would be further reduced to just over 30% after the listing. Lu Chen’s 10% stake would also decrease to around 5%. However, once Crowdfunding Network successfully listed, Lu Chen’s net worth would skyrocket by billions.
After signing a memorandum of understanding, he nonchalantly left the remaining work to Wang Yan and Li Mushi, while he and Chen Feier flew from the East Coast of the United States to the West Coast, arriving in Los Angeles.
Chapter 723