200m units for the public portion tbh is not really a lot to be consumed so there is possibility you don't get 100%. Let say take a median value of 50,000 unit per subscriber, which I believe also got many subscribe a lot more than that according to those previous results, if now sequence close to 4k already means 200m might not be enough. The only concern is the rest 1.2B unit for MITI and private placement get dumped into the market on day 1, causing the price to go below ipo price.