Titan Medical Inc (TMDIF)

[RockoTaco]

If the acquiring company has taken position in Titan it was most likely thru the private offerings (which include warrant). We know Titan has money into Q2 (design Freeze). If upon design freeze, the acquirer and Titan structure a Medtronic/Mazor deal. Why would they have to excercise the warrants they got in the private offerings? It doesn't help them in any way, they still own the original shares and they don't have to incur the cost of excercising the warrants.

So it is possible that the OS count upon partnership could be much more in the 22-25M range (more likely in my opinion) if the potential acquirer has taken a position.