Titan Medical Inc (TMDIF)

[TitanSTL]

Thank you for pointing this out! The 55 million is almost like a countdown for potential acquirers; In theory, once they raise 55 million, SPORT will be ready to roll into ORs with the Titan brand. At that point, the parameters of a buyout will fundamentally change as Titan will no longer be a pre-revenue company. I'm sure we would all love to know how much they need to get to FDA submission, but I think the endpoint for MC all along has been buyout and the 55 million is the game clock running down....We'll never see them raise that full amount before acquisition IMHO...GLTA

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