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When did they say the end of the quarter? Last I heard it was the middle of February.
PROSPECTUS SUPPLEMENT
(To Prospectus dated December 15, 2017)
Up to $50,000,000
AVEO
Common Stock
We have entered into a sales agreement, or the Sales Agreement, with Leerink Partners LLC, or Leerink, dated February 16, 2018, relating to shares of our common stock, par value $0.001 per share, offered by this prospectus supplement and the accompanying prospectus. In accordance with the terms of the Sales Agreement, we may offer and sell shares of our common stock having an aggregate offering price of up to $50,000,000 from time to time through Leerink, acting as our agent.
Our common stock is listed on the Nasdaq Capital Market under the symbol “AVEO”. On February 15, 2018, the last reported sale price of our common stock on the Nasdaq Capital Market was $3.00 per share.
Sales of our common stock, if any, under this prospectus supplement and the accompanying prospectus may be made in sales deemed to be an “at the market offering” as defined in Rule 415(a)(4) promulgated under the Securities Act of 1933, as amended, or the Securities Act. Leerink is not required to sell any specific number or dollar amount of shares of our common stock but will act as our sales agent on a best efforts basis and use commercially reasonable efforts to sell on our behalf all of the shares of common stock requested to be sold by us consistent with its normal trading and sales practices, on mutually agreed terms between Leerink and us. There is no arrangement for funds to be received in any escrow, trust or similar arrangement.
The compensation payable to Leerink for sales of common stock sold pursuant to the Sales Agreement will be an amount up to 3.0% of the gross proceeds of any shares of common stock sold under the Sales Agreement. See “Plan of Distribution” beginning on page S-12 for additional information regarding the compensation to be paid to Leerink. In connection with the sale of the common stock on our behalf, Leerink will be deemed to be an “underwriter” within the meaning of the Securities Act, and the compensation paid to Leerink will be deemed to be underwriting commissions or discounts. We have also agreed in the Sales Agreement to provide indemnification and contribution to Leerink with respect to certain liabilities, including liabilities under the Securities Act or the Securities Exchange Act of 1934, as amended.
Investing in our common stock involves a high degree of risk. See “Risk Factors” beginning on page S-3 of this prospectus supplement and the risk factors in the documents incorporated by reference in this prospectus supplement and the accompanying prospectus.
Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved of these securities or determined if this prospectus is truthful or complete. Any representation to the contrary is a criminal offense.
Leerink Partners
The date of this prospectus supplement is February 16, 2018
Thank you good luck to you as well!
I don’t know why it’s posting two of each picture but this is the best I can do. But first I want to say to everyone on this board who has called me a liar or a shorter, you are offensive. I have been on this board since I believe July 2017, I first purchased POTN at .06. I have posted on this board before, mostly questions to the more experienced traders because I am quite new to this. I am still long on this stock and will continue to hold. I have not sold a single share, ever. In the future, before you call someone a shorter or a liar maybe you should check out their previous posts and do a little research on that person. Way to alienate a fellow shareholder.
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And because an email address does not show when I click on it it shows this.
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I would post one but I don’t know how. Explain how and I will. Or, you could give me your email and I will forward it to you.
Lol ok. I don’t even know how to short.
I received the exact same email right now, responding to my email inquiring about the audited financials.
Adam Mizrahi (PotNetwork Holding)
Feb 8, 00:11 EST
Thank you for your interest in POTN.
On December 12, 2017, we reported that our PCAOB auditor, East West Accounting Services, LLC had satisfied compliance parameters, and we had projected the audit to be completed by mid-January. However, the audit process is taking longer than projected, and in fact, in January the Company engaged Paritz & Company, PA, Hackensack, N.J., to assist East West Accounting Services and act as lead auditor. We project the full audit will be finished before the end of the first quarter. In the interim, the Company will be posting its year-end, unaudited 2017 results which we believe accurately reflect the financial performance of the Company.
If you have additional questions, please do not hesitate to email us. Thank you again.
I agree
Did everyone see the news? $14,499,000 in revenues!!!!
What are all of these buys for 1250 shares? Why would they all be the same amount?
Wait, are you saying that if someone had a stop loss at say $.10, the shares could have sold once that .0006 sale went through? I have been trying to figure out how stop losses work. I’ve watched some videos but I am still struggling to figure out the difference between a stop on quote and stop on limit quote. And I never in 1 million years thought about what you are implying could happen.
Awesome!
I can’t even imagine how upset they were when that order went through lmao
Someone sold 1,025,000 shares at
.0006??
I saw that too
The laws shouldn’t necessarily have to be relaxed. They do need to go the legislative route by just making marijuana legal on the federal level. That would solve all problems.
For anyone who didn’t get to see this this morning.
Me too lol. That was brutal.
I put an order in earlier for shares at .185 and it still hasn’t executed. Why?
Hey could you guys all give me your opinions on stop losses? Is it better to use “stop on quote”, or “stop limit on quote”?
Thank you!
What requirements do they still need to fulfill for the merger?
Anyone think we will end green today?
Do you know of any stocks that are based in California? I can’t seem to find any.
I just saw this lol. What happened? I’m so happy!
Does anyone know why there aren’t any stickies in here?
Me too lol. I show the extended hours has dropped but the price next to market close is .069. But my E*TRADE could be screwing up as well.
E*TRADE shows it closed at .069 doesn’t it?
Where did the article that was stickied in here go?
How could the activity from today be related since the date on the top of that says it was entered on the docket on November 17th? Could dumping still be occurring today if that were the case?
Ok I get it. Have the MMs ever been suspected of illegal manipulation?
Why is the bid price so low compared to the ask price right now? I don’t really understand how they come up with the bid and the ask lol. Yesterday that you were really close together so I was just curious.