Avid Bioservices Inc (CDMO)

[cjgaddy]

EYEB, that +17K incr. in O/S from July7-Aug22 was probably not, IMO, “sold via the ATM” as you stated. There are other reasons OS can go up – my guess is that small amt. was a vested Stock Option purchase by someone leaving or retiring.

O/S COMMON SHARES (PPHM):
• 1-31-14 176,453,261 +16,127,370
• 3-3-14 176,481,054 +27,793 (1-31-14 10Q iss. 3-7-14)
• 4-30-14: 178,871,164 +2,390,110
• 7-7-14: 179,209,458 +338,294 (4-30-14 10-K cover page, iss. 7-14-14)
• 8-22-14: 179,226,424 +16,966 (per 8-28-14 Proxy/Def14A)

Proxy Filed 8-28-14 (Def14A): http://tinyurl.com/kvnxgwg
…SHM 10-16-14/Thu. 10:30amPT, Irvine Marriott, Irvine, CA
…As of 8-22-14, there were 179,226,424 shares o/s.