"After the one-year anniversary of issuance, the Company may redeem the Warrants for $0.001 per Warrant if the volume weighted average price of our common stock is above $14.70 per share for 10 consecutive trading days". on good data we could see 7-14 price(cap still will be very reasonable if succeed,P2/P3! w/former extra efficiently interm data from Fully-Enrolled Phase 2 Trial) before any warrant will be executed. imo,even when will be in the money, most will prefer to keep holding those warrants due Warrants can offer significant gains to an investor.
My posts are my opinion and should not be used as investment advice. Make your own decisions in your stock trades.
Recent ONTX News
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