Innovation Pharmaceuticals Inc (IPIX)

[loanranger]

"The filing mentioned the closing price on October 24th if I remember correctly."

The only purpose for that mention was to facilitate the following valuation. It serves no other purpose.
"Based on a recent price of $3.38 on October 24, 2014 of our common stock and 81,751,531 shares of our common stock held by our non-affiliates within 60 days immediately prior to the filing date of the registration statement on Form S-3 of which this prospectus is made a part, the aggregate market value of our outstanding voting and non-voting common equity held by our non-affiliates was approximately $276,320,175."