Seelos Therapeutics Inc (SEELQ)

[eicoman]

yes they can do private placement, but that would mess with the pps requirements, the 500K came from statements from the company, it makes sense, the burn was 800k per month, they reduced by 30%,and the pro forma put numbers out to the selloff not as of 12/31,
they will end Q1 with over 2.5M in sh eq, and satisfy nasdaq