InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,180.74
(
1.03%
)
US TECH 100
17,598.40
(
1.03%
)
Dow Jones
38,852.27
(
0.46%
)
Brent Oil
83.48
(
0.42%
)
Bitcoin
63,465.40
(
-0.83%
)
Post# of 3011
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

joe_techi

Send PM Follow Ignore
Followers 32
Posts 3259
Boards Moderated 0
Alias Born 08/31/2006

joe_techi

Re: None

Tuesday, 05/01/2018 5:59:07 PM

Tuesday, May 01, 2018 5:59:07 PM

Post# of 3011
I don't understand the motives for the underwritten public offering of the Company’s common stock. Is this a guaranteed sale for the full (expected) $8M? Since the price dropped below $1.90, if someone was pending on the buy, why go for $1.90? If it is a done deal then I guess I can see the reasoning (other than it killed the share price for the rest of us).

It says, "The offering is expected to close on May 3, 2018 subject to customary closing conditions." Does that mean a buyer is identified and the stock is sold already?
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Detailed Quote
Recent COCP News
More COCP News
InvestorsHub NewsWire

NanoViricides Reports that the Phase I NV-387 Clinical Trial is Completed Successfully and Data Lock is Expected Soon • NNVC • May 2, 2024 10:07 AM

ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM

Avant Technologies Names New CEO Following Acquisition of Healthcare Technology and Data Integration Firm • AVAI • May 2, 2024 8:00 AM

Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM

Cannabix Technologies to Deliver Breath Logix Alcohol Screening Device to Australia • BLO • Apr 30, 2024 8:53 AM

Hydromer, Inc. Reports Preliminary Unaudited Financial Results for First Quarter 2024 • HYDI • Apr 29, 2024 9:10 AM

Start posting your company's news
Only $200 per official company press release!