Intellipharmaceutics International Inc. (IPCI)

[fabius]

One other point:

Odidis have 5.78Mln shares

3.63Mln new shares + 1.81Mln warrants = 5.44Mln

were the buyer of the new shares ONLY 1, he could easily become the major shareholder in a matter of weeks (if not 1 single day).

H.C. Wainwright & Co. is acting as exclusive placement agent for the offering.

Last time we had similar numbers: 3.2Mln shares + 1.6Mln warrants...but they were clearly sold to an hedge fund (likely more than one).

Dawson James Securities, Inc. book-running manager for the offering,  and Roth Capital Partners, LLC, advisor