NorthWest Biotherapeutics Inc (NWBO)

[biosectinvestor]

Hedge fund TRADERS don't invest directly into the company, so they don't get warrants from Linda or anyone. Typically those investments into the company are coming from other sources, not typically hedge funds. The TRADERS, by the way, are trading shares that they buy on the secondary market (NASDAQ), which means shares that were bought from other investors, not the company directly. Options and other derivatives they buy, come from investment banks as investment contracts that are regulated.

Woodford runs an investment fund. They also typically, though not always, buy on secondary markets, not directly from the company. So that's why he did not get options, most likely. But investment funds, typically regulated, don't engage in that much of that activity, generally.