NorthWest Biotherapeutics Inc (NWBO)

[Poor Man -]

And again, the 10K language seems to be clear that this hold was not called by the sponsor.

It seems if the sponsor initiated the hold, the company would have completed a large fund raise just prior to halt in order to capitalized on the high stock price in July and early August, knowing in advance what the impact of the halt would have on the stock price thereafter.

I believe the halt was a potentially positive development, long term. But it also appears to have taken Linda and Les by surprise. There could be some other type of technical regulatory issues that unexpectedly surfaced, requiring the sponsor to initiate the halt themselves; but as a practical matter, that's more or less the same thing as the FDA initiating the halt.