Arch Therapeutics Inc (ARTH)

[Regis999]

So I pursued why Maxim. I found out that Arch has no further relationship with them. I believe Maxim came to Arch and said we have $2 million plus $ 2 million for warrants and we are willing to do this next week. It was a very quick financing.

Plus Maxim was willing to take only a .75 warrant for each share.

I do not know the above for sure but putting together what I do know.


I think it was too good to pass up. If they exercise 5/26/21 warrants in 2016 that is a great thing to shareholders. Cash in 2016. Less future dilution.