r/NUAI

Daily Discussion

Daily Discussion

&gt;>Summary of the latest discourse<<

Hello all,

If you have been following NUAI stock then you have seen models like you’ve never seen before. And I’m not talking about the ones you see down the runway, I’m talking about numbers.

Many of us are anticipating that we are going to see a Macquarie extension of the October 8th deadline to sign a tenant for the A-3 tranche.(See Debt facility language)

Additionally, many of us are anticipating that the tenant announcement will be a non-binding agreement(direct language from the recent ATM prospectus).

Many of us have been throwing darts as to whether they plan to release the LOC(See PPA terms from the latest 10-Q) as required by Vistra before or after fulfilling the latest ATM.

What the hell does this have to do with numbers? or models? Yeah I don’t know either. But you’re reading.

The active ATM is a 100 million dollar equity raise. Many people are assuming that the company is waiting for a catalyst before selling shares.

I’m here to spread my opinion that they are ALMOST DONE offering shares.

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The math goes like this:

100M dollars needed to raise / divided by share price= Number of shares needed to complete offering

our price was about 7.20 when we began, but I’ll round down to 7.00

100M/7 = 14.3~ million shares.

The price is now bottomed at 6.00 so I will also:

100M/6 =16.7~ million shares.

This is to create a spread which will give me a range that you will see in a moment.

Take average volume for the past trading days since the 24th, you can actually curate the real volume with an LLM to make a more accurate spread.

But we can use 8.1M as an average since the 24th.

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Alright well how do we figure out how fast an ATM would reasonable move? Well you can’t. We have to make an assumption and get as close to reasonable as we can.

I decided to ask GPT to model across different percentages of average volume, and based on historical data how a slow burning ATM could feasibly move along with the price action we’ve been experiencing.

I decided to go with 20 percent for this thought exercise as we have been sinking a bit. you can create this with your own LLM.

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Ok well 20% of average gives us 1.62 million shares per day.

This gives us a spread of 8.82 - 10.30 trading days since Sept 24th

This means ATM completion at 20% average volume could reach an endpoint between Oct 5th and Oct 7th.

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Of course this is all speculation and boils down to “any day now”. Just thought i’d give the dogs something to chew on.

Pce. Thanks for reading.

[All numbers are rounded away from more favorable averages, and scrutiny is welcome]

Daily Discussion

Daily Discussion