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      "text": "Earnout Share Summary: Ligand shareholders received 0.75842 earnout shares for every Ligand share owned. 50% vest at $12.50, 50% at $15.00. Stock must trade for 20 out of 30 days. 5-year life.",
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      "text": "Common Shares Outstanding: Ligand 82.6, SPAC 1.3, Avista 14.6, Total 98.5. Earnout Shares: Ligand 15.0, Avista 1.3, Total 16.3. RSU/Options/Warrants: Employee 1.7, Options 12.6, Public Warrants 7.7, Avista Warrants 11.3, Total 33.3",
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