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  "documentTitle": "23andMe | Internal Communication Presentation Deck | 13 slides",
  "authorId": "23andme",
  "authorName": "23andMe",
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  "presentationDate": "2021-02-01 00:00:00",
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  "notes": "The slide provides specific financial mechanics for option holders regarding the merger exchange ratio.",
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      "text": "Your old options will be rolled over into options in “new” 23andMe\nThe math is the same math that governs the exchange of old 23andMe shares for “new” 23andMe shares in the merger\nYour “new” options will have the same value as your old options, calculated on the same ratio that applies to 23andMe shares\nThat ratio will be approximately 2.31 “new” 23andMe options for each old 23andMe option. This translates to a value per share of old 23andMe of $23.11\nTo match the same value as your old options, your old strike price per share will be divided by 2.31. This means the aggregate strike price of all your old options will exactly match the aggregate strike price of all your “new” options\nWhile 2.31 is approximate, the actual ratio should not change much. It’s based on the actual number of outstanding shares plus vested options on the closing date of the merger",
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      "kind": "source-note",
      "text": "Copyright © 2021 23andMe, Inc.",
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      "kind": "title",
      "text": "How Many Options Will I Get in “New” 23andMe?",
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