AgeX Therapeutics Inc (AGE)

[bobby2loaves]

AGE Looking for Partners

For the past 2 months, AGE has been ending its press releases with the following sentence. I think this is why they haven't tried to drum up capital with share offerings, or through the spinoff: "AgeX is aggressively developing its core product pipeline for use in the clinic to extend human healthspan, and is seeking opportunities to form licensing and partnership agreements around its broad IP estate and proprietary technology platforms for non-core clinical applications."

I think this may be one of the benefits of having Juvenescence with a 40%+ stake in the company. They might rather sell off small pieces of the company's short-term projects (at a premium) than dilute the entire company (with the market forcing the share price down in anticipation of share placements) and preserve the holy grail of iTR undiluted. It's not been Mike West's style lately to play like this, but if I am guessing right about what's happening here, I think it's genius.