Asensus Surgical Inc (ASXC)

[Biohazardbag]

Reading a little bit more, it appears that they're not too confident a 510K will fly, and they may have to do a PMA (my interpretation, I could be wrong). If this happens, I imagine that could push the timeline out quite a bit. Could this be the reason they are going back to the "well" for more cash prior to announcing further delays?

If they have people willing to drop more cash, then the next offering should go very quickly. If it sits for any period of time or is at a deep discount over current share price, this would indicate to me that the smart money is starting to feel less confident. Thoughts?