Avinger Inc (AVGR)

[OmegaMoney29]

Bet this goes bananas 🍌 soon over reatction

[OmegaMoney29]

Boom 💥

[Monksdream]

They deserved what they got

[OmegaMoney29]

Lol

[Monksdream]

Here come the short sellers

[Monksdream]

Item 8.01. Other Events

As previously disclosed, on May 20, 2022, Avinger, Inc., (the “Company”), entered into an At the Market Offering Agreement (the “ATM Agreement”) with H.C. Wainwright & Co., LLC (the “Agent”), as sales agent, pursuant to which the Company may offer and sell shares of the Company’s common stock, par value $0.001 per share (the “Shares”), initially up to an aggregate offering price of $7,000,000, from time to time in an at-the-market public offering. On August 3, 2022, the Company determined to suspend sales under the ATM Agreement and terminated the continuous offering of the initial aggregate offering price of $7,000,000. In March 2023, the Company determined to resume sales under the ATM Agreement, up to an aggregate offering price of $1,149,028 and on September 18, 2023, the Company increased the amount available for sale by up to an additional aggregate offering price of $2,133,181.

The Company has determined to increase the amount available for sale under the ATM Agreement, up to an additional aggregate offering price of $1,074,690. The Shares sold under the ATM Agreement will be offered and sold pursuant to the Company’s shelf registration statement on Form S-3 (Registration No. 333-263922), which was initially filed with the Securities and Exchange Commission (the “SEC”) on March 29, 2022 and declared effective on April 7, 2022, and a prospectus supplement and the accompanying prospectus relating to the at-the-market offering filed with the SEC on September 20, 2023.

Because there is no minimum offering amount required pursuant to the ATM Agreement, the total number of Shares to be sold under the ATM agreement, if any, and proceeds to the Company, if any, are not determinable at this time. The Company expects to use any net proceeds for primarily for working capital and general corporate purposes, which may include research and development of the Company’s Lumivascular platform products, preclinical and clinical trials and studies, regulatory submissions, expansion of its sales and marketing organizations and efforts, intellectual property protection and enforcement and capital expenditures. The Company has not yet determined the amount of net proceeds to be used specifically for any particular purpose or the timing of these expenditures. The Company may use a portion of the net proceeds to acquire complementary products, technologies or businesses or to repay principal on its debt; however, it currently has no binding agreements or commitments to complete any such transactions or to make any such principal repayments from the proceeds of this offering, although it does look for such acquisition opportunities. Accordingly, the Company’s management will have significant discretion and flexibility in applying the net proceeds from the sale of these securities

[OmegaMoney29]

6k at 11.9 wow can’t believe I’m getting so lucky

[OmegaMoney29]

One slap of 100k takes this to 20$ that’s about it

[OmegaMoney29]

Another 3 k at 12.7 👍 perfect

[OmegaMoney29]

Another 3 k at 12.90

[OmegaMoney29]

Bought 5 k shares at 13 for the ride to average up

[OmegaMoney29]

Ya they shorted. I loaded 25k in the 7s and 10 k more shares after hours I’m guna scoop a few more before I unload on awls crew

[OmegaMoney29]

Squeeze started but won’t dry up till we get another couple 💯 pct

[Monksdream]

Some are kicking themselves for selling during the regular session and not getting back in as the price started rising again in the afternoon

[OmegaMoney29]

Enjoy the squeeze 🍋

[Sun Dance Kid]

Yes!

[OmegaMoney29]

And a few beers 🍻. Take care buddy done ✅ wish you the best

[OmegaMoney29]

I would not count down !count down! I would average up

[Monksdream]

This is all about emotion combined with momentum

[OmegaMoney29]

Like 600 min to pre market? Hahah

[OmegaMoney29]

At least it’s no p and d for a few days

[Monksdream]

110 minutes remain

[OmegaMoney29]

Wait till 20 at least to sell
For sure md

[OmegaMoney29]

Agree but dis agree. Love dreaming monk
Cannons getting 🔥

[OmegaMoney29]

Sure more news drops 💦

[OmegaMoney29]

Gota think 🧐 big

[Monksdream]

120 minutes remain

[Monksdream]

That is my assumption of to put it another way my scientific wild ass guess

[OmegaMoney29]

Barely and shares avail and the shorters today are down 50 percent to 75 percent. 1 big buy pm this makes brokers cover and this hits 100

[OmegaMoney29]

Enjoy the ride for a few more days before it dumps. Market makers guna get what they want They haven’t sold

[Monksdream]

Oh, yeah
This company has done four reverse splits in the past five years so it meets, in my view, the definition as a paper hanger
For now, the story is fresh, nobody has even bothered to find out how much this device for vascular surgery will cost
But…why allow facts to get in the way of a good story

[OmegaMoney29]

That’s what everyone said for todays morning hahah. Good trade if you make a buck but the squeeze has just started. Wait till big bucks

[cityimport]

Selling the GAP After Market ... :))))))))))))))))))))))))))))))))))))))))

[OmegaMoney29]

Easy 30 pm ca ca 🦅

[OmegaMoney29]

I mean 40$ tomorrow

[OmegaMoney29]

When 20$ hits it will dump

[OmegaMoney29]

Must be orchestrated lololololololo. Ahhahaah

[Monksdream]

Chuckle

[OmegaMoney29]

Unreal awl

[OmegaMoney29]

20$ comin pm

[Awl416]

Remarkable

[OmegaMoney29]

Loaded 7s this am. New 12s would hit now it’s a short squeeze

[OmegaMoney29]

20$ in coming

[Monksdream]

Chuckle

[Monksdream]

Here it comes some more

[Monksdream]

Here it comes

[Monksdream]

Early Barchart Top 100
https://www.barchart.com/stocks/performance/percent-change/advances?timeFrame=today&viewName=main&screener=overall&orderBy=percentChange&orderDir=desc

[Monksdream]

Run it up the flagpole

[Monksdream]

The Schwab session is now underway

[TheFinalCD]

Early Barchart Top 100 https://www.barchart.com/stocks/performance/percent-chang Monksdream 09/18/23 8:58 AM
AVGR new 52 week low https://investorshub.advfn.com/uimage/uploads/2023/9/1 Monksdream 09/17/23 1:40 PM
AVGR new 52 week low Monksdream 09/16/23 2:56 PM
AVGR new 52 week low Monksdream 09/14/23 1:17 PM