Ayala Pharmaceuticals Inc (ADXS)

[ubmmg]

The only hope for a SP recovery now is a Form 4 filing that shows a reputable fund took a large position in this secondary. It's a long shot, and we have not seen any reputable HC fund to take a position in ADXS. Maybe it's a wishful thinking, but why no warrants? Someone did not want any warrants.
But again, the most likely scenario is that these 2.5M shares will be used to cover shorting that preceded this raise. We will see no 13-F/G let alone F4s.