Delcath Systems Inc (DCTH): From the CFO's affidavit... Unt...

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Delcath Systems Inc (DCTH)

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Re: Dondoncoyote post# 48414

Thursday, 04/11/2019 2:30:10 PM

Thursday, April 11, 2019 2:30:10 PM

From the CFO's affidavit...

Until April 1, Delcath is able to raise money by issuing securities under an SEC Form S-3 shelf registration. If Delcath does not obtain significant funding before then, however, its "shelf" registration will expire, and it will be unable to raise the significant capital it needs without excessive delays that would severely endanger the company's ability to operate.

The investors have indicated that they will be able to provide Delcath with the needed capital before April 1, but only if a key obstacle can be resolved.

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