-5%

est. 2Y upside i

Series B

Stage: early. Country: Germany

Rank

#2420

Sector

Fitness Technology

Est. Liquidity

~1Y

Data Quality

Data: Low

VAHA's equity is highly uncertain due to missing financial data.

Last updated: July 3, 2026

Bull (20%)+128%

Acquisition closes with full Herbalife contingent payments up to $150M, valuing VAHA at $75M. Entry at $30M yields 150% upside, reduced to 127.5% after 15% dilution.

Base (50%)0%

Acquisition closes at guaranteed $55M for parent, VAHA valued at $30M, equal to entry. No upside after dilution.

Bear (30%)-100%

Acquisition fails; company struggles without revenue data. Preference stack of $29.6M wipes out common equity, resulting in -100% return.

Est. time to liquidity~1.0 years

Preference Stack Risk

severe

Funding Intensity

0%

Total funding of $29.6M nearly equals estimated entry valuation of $30M, so preferred shareholders would take all proceeds in a sale below that amount, leaving common stock worthless.

Dilution Risk

high

No revenue data suggests potential need for additional capital, causing significant dilution for employees.

Secondary Liquidity

none

No secondary market activity reported; equity is illiquid until an exit event.

Questions to Ask at the Interview

Strategic questions based on VAHA's data — designed to show you've done your homework.

  • 1

    How does the Herbalife acquisition affect VAHA's strategic direction and product roadmap?

  • 2

    What is the path to profitability given high hardware costs and subscription revenue model?

  • 3

    What is the current equity grant price and how does it relate to the anticipated acquisition valuation?

Community

Valuation Sentiment

Our model estimates -5% upside. What do you think?

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Disclaimer: This analysis is AI-generated and does not constitute financial or career advice. Always conduct your own due diligence.