Pulmatrix Inc (PULM)

[modrica]

"{... today announced that it has entered into a securities purchase agreement with certain institutional investors, providing for the purchase and sale of 1,706,484 shares of common stock at a price of $1.465 per share in a registered direct offering priced at-the-market, resulting in total gross proceeds of approximately $2.5 million."

as we can see someone will give them $2.5 mill for 1.7 millions shares , that someone will pay 1.46 for 1 share

also pulm will book another $ 2.2-2.3 mill. if /when warrants (1.7 mill. shares )get excersized (bought) at 1.34 which of course pps must rise above 1.34 for warrants excersize to make sense and actually happen

imo