Wednesday, November 28, 2018 5:43:43 PM
I don't think so.
It does help to clear up the recent option disclosure.
Item 7.01. Regulation FD Disclosure.
Recent Shareholder Inquiries (Option Pool)
On November 23, 2018, Northwest Biotherapeutics, Inc. (the “Company”) announced that the disinterested members of the Company’s Board of Directors (the “Board”) had approved an increase to the equity compensation option pool, reflecting increases in the numbers of issued and outstanding shares. The Company received some shareholder inquiries about the options. The Company’s responses to such shareholder inquiries are reproduced below:
Shareholder question: Did the Company just award new options equal to 20% of the outstanding equity of the Company?
Company answer: No. We understand that some message board postings may have made such claims, but they are either a misunderstanding or yet another misrepresentation to attack the Company. The Company only authorized a small incremental addition to the already existing option pool, to true up the balance of the pool to reflect the greater number of shares outstanding.
Shareholder question: How many shares are outstanding and how many new options did the Company add to the pool?
Company answer: There are approximately 516 million shares outstanding, and the Company awarded new options for approximately 5.3 million shares – a little over one percent (1%) of the shares.
Shareholder question: How did the Company determine the amount of the addition to the option pool?
Company answer: This small incremental amount updates the overall existing option pool to keep it at about 20%.
Shareholder question: Were all of the new options awarded to the CEO, Linda Powers?
Company answer: No. The authorization of the approximately 5.3 million options was for the whole option pool, and the pool covers all of the Company management, all employees, directors and key outside consultants. So, the incremental options are being issued in new individual grants that are spread among most of these parties, and are being implemented in agreements with the individuals. When the award agreements are finalized for the executive officers and directors, these will be reported on Form 4s.
Recent NWBO News
- Northwest Biotherapeutics Announces Establishment Of the Company's Own Dedicated Leukapheresis Clinic • PR Newswire (US) • 04/21/2026 01:30:00 PM
- Northwest Biotherapeutics Announces Establishment Of the Company's Own Dedicated Leukapheresis Clinic • PR Newswire (US) • 04/21/2026 01:30:00 PM
- Form EFFECT - Notice of Effectiveness • Edgar (US Regulatory) • 04/21/2026 04:15:08 AM
- Form POS AM - Post-Effective amendments for registration statement • Edgar (US Regulatory) • 04/16/2026 09:25:30 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 04/07/2026 04:30:50 PM
- Form NT 10-K - Notification of inability to timely file Form 10-K 405, 10-K, 10-KSB 405, 10-KSB, 10-KT, or 10-KT405 • Edgar (US Regulatory) • 03/31/2026 09:04:37 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/15/2026 10:06:20 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/02/2026 10:14:59 PM
- Form DEF 14A - Other definitive proxy statements • Edgar (US Regulatory) • 11/28/2025 09:43:27 PM
- Form 424B5 - Prospectus [Rule 424(b)(5)] • Edgar (US Regulatory) • 11/25/2025 10:23:07 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 11/20/2025 09:26:03 PM
- Form PRE 14A - Other preliminary proxy statements • Edgar (US Regulatory) • 11/19/2025 09:15:48 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/14/2025 09:44:21 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/31/2025 04:29:10 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/30/2025 08:40:05 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/24/2025 04:28:38 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/14/2025 06:22:26 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/14/2025 09:00:38 PM
- Form 424B5 - Prospectus [Rule 424(b)(5)] • Edgar (US Regulatory) • 07/01/2025 09:04:38 PM
