Let's get things straight here from accounting perspective

$Super Micro Computer(SMCI.US)$ they offer 2M new shares, say at 900 each. Meaning: additional 1.8 B fresh cash in their balance sheet. Meaning SMCI will add capacity to generate revenues, which is great. Assuming retail like us won't subscribe to it's new shares offering, meaning : percentage wise we will be diluted. BUT our Net Asset Value per share literally WON'T change because of this corporate action. Increased net asset from the balance sheet divided by increased number of shares, all the same. Accountants please comment.