Wednesday, September 30, 2015 8:23:05 PM
On Aug 4 AEMD in a SEC filing stated that a group of shareholders were offering for sale 952,383 common shares of AEMD and 746,657 warrants whose conversion price was $6.30. In the period of Aug 5 - Sept 30, there were 40 trading days. On 22 of those days the trading volume exceeded 100,000 that totals 4,360,374 shares. Even if all sellers sold to MMs and the MMs to new buyers, the total stock that traded hands would be 2,180,000 shares. There's a very good chance that the selling shareholders have been successful although no data on the warrants. Alpha Capital Anstalt of Lichtenstein offered their 694,444 shares that they announced on 6/24 as having acquired. The selling group will retain 1.117.066 common stock/ warrants.
We'll soon see what the new quarter brings and in 45 days learn who filled 13Fs.
Recent AEMD News
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