Galectin Therapeutics Inc. (GALT): Secondaries don't drop out of trees,...

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Galectin Therapeutics Inc. (GALT)

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Re: Amatuer17 post# 3364

Tuesday, 06/19/2018 10:01:29 PM

Tuesday, June 19, 2018 10:01:29 PM

Secondaries don't drop out of trees, there is lots of work that goes into them before they are completed and the price is usually lower than the current share price and it hurts retail shareholders.

They have NO need for a secondary, they have millions of in the money warrants that could be purchased by insiders to raise cash but they aren't going to do that unless they can't find a partner or a buyout candidate, something that is highly unlikely.

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Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/20/2024 05:55:08 PM
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