Marker Therapeutics Inc (MRKR)

[TOB]

Maybe Dart did the same? - scottsmith

Dart is already a 10%+ affiliate of TPIV. 26.57% (click for detail)

So he can sell no more than 1% of the outstanding shares in any three-month period. He's locked-in tight.

I covered this in detail in this post.

The other warrant holders could have taken some profit, along with any other unrestricted share holders, but Dart has the restriction.

After full warrant exercise, three of the five warrant holders will all be 10%+ restricted affiliates. The bulk of the warrants.

One will be just below 10% affiliate level and the other just below the 5% level which has reporting requirements. Institutions often like to stay below 5% and generally below 10%

These institutions will own ~ 68% of the outstanding shares after full warrant exercise. Right now they own 51% of the O/S Pretty powerful institutional ownership for an OTC stock, or any clinical stage biotech.

That two are stepping up to become 10%+ affiliates and Dart is already an affiliate indicates very strong institutional support. This is a long bet as they are so heavily restricted from selling.