Ayala Pharmaceuticals Inc (ADXS)

[cdiddy01]

Yes but not at a discount as some thought so maybe reason why share price has recovered a bit.

Not at a discount? The discount is the warrant, it has value, and it's now included with the purchase of either shares.


And again if you are a purchaser of the pre funded warrants you can exercise the warrants you would get with these either until you are able to convert the pre funded warrants to shares.

We don't even know the amount of pre-funded warrants, if any at all, are being purchased? Also, where does it say the pre-funded warrants need to be exercised before the purchase warrants can be exercised? Is that just how you've deduced it because of possible 10% ownership limit?