Anavex Life Sciences Corp (AVXL)

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Investors should actually be very pleased with how resilient the share price has remained lately considering..

"The Company previously filed a registration statement on Form S-3 (File No. 333-207600) on October 26, 2015, which was declared effective on September 6, 2016 (the “2016 Registration Statement”), which registered for sale by Lincoln Park up to 6,754,609 shares of our common stock issued or issuable under the Purchase Agreement, inclusive of 269,397 shares of common stock issued or issuable to the Selling Security Holder for no cash consideration as commitment shares. 5,787,235 shares of common stock registered under the 2016 Registration Statement have been issued to Lincoln Park and 5,654,700 have been resold by Lincoln Park as of the date of this prospectus.


Only 5 million more shares to go.

"This registration statement covers the resale by Selling Security Holder of the Registrant named herein of up to 5,000,000 shares of our common stock, ..."