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Re: SAMNOTSAMUEL post# 48379

Tuesday, 04/09/2019 3:07:06 PM

Tuesday, April 09, 2019 3:07:06 PM

Post# of 50157
SNS, in my understanding of the rules, Delcath, due to their failure to file in a timely manner and their failure to file an extension, has basically removed their S-3 shelf registration from the picture and will not be allowed to offer securities via an S-3 for 12 months.

With that in mind, how would they be able to raise capital via an offering at this point in time? Even an S-1 offering would require current and audited financials to be included in the prospectus would it not?

Trade Safe.

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