InvestorsHub Logo
Followers 31
Posts 2649
Boards Moderated 0
Alias Born 10/28/2013

Re: exwannabe post# 64594

Thursday, 06/16/2016 10:56:41 AM

Thursday, June 16, 2016 10:56:41 AM

Post# of 708206
"But the SEC forms I read paint a slightly different picture.

Feb 29. They raised $9,210,000 by:

5.9M shares stock
2.9M Series A warrants (ex. $2.25)
5.9M Series B warrants (ex. $3 and expired in 60 days). These had the kicker that if exercised the purchaser would get Series C warrants also

Well, 60 days came and of course the Series B options at $3 were not excised. So NWBO changed the terms. Result

May 15. They raised an additional $4,235,000 by:

4.4M shares common stock via the series B repriced from $3 down below $1
Repricing the existing 2.2M Series A down to $1
Repricing the new 2.2M Series C down to $1
Adding Series D to purchase 2.2M at $1.

Not even close to the Feb 29 terms. "

What do you come up with as the fully diluted share count at this point if all outstanding warrants get exercised, and what would be their $ gained from the exercise of those warrants?
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent NWBO News