IMO.. Theres no way the company would do a new larger private placement before the deal is announced. The stock price will be much higher after the deal is completed. This is when they would do the private placement. To me this is a strong sign that the deal is done or about to be.. Only my Opinion!!
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.