SCYNEXIS (SCYX)

[GMA13]

Sorry to say that the recent very well deserved PPS run-up, unfortunately, is about to be ruined by the holders of the Stock Warrants via the last “selective” Public Offering.

The Offering Warrants are poorly structured because they (obviously) prevent any well deserved material PPS growth. The Offering Common Share holders sell massive amounts of their $.90 Offering Common Shares at the $1.05+/- to $1.10+ PPS levels and then, buy back shares at $.70s-$.80s, when the PPS sinks because of above massive selling.

The Offering should have had a provision that the $1.10 Offering Warrants get reduced 1-for-1 when Offering Common Shares are sold higher than the $.90 but below the $1.10 Offering Warrants. This could have substantially reduced the above described round-trip trading.

All of the above is frustrating to the non “selective” Public Offering shareholders and also, seemingly keeps future SCYX funding levels artificially low because of the continuous aforementioned round-trip trading.

I contacted SCYX & recommended that they have a good-will type Corporate update. Perhaps, you will join-in on this effort because us Shareholders need healing!