NorthWest Biotherapeutics Inc (NWBO)

[JerryCampbell]

Please look at a few numbers and give this some more thought.

Short interest - 5.7m shares.

Warrants outstanding as of year end - 359m

Less than 2% of warrants would be needed to fully hedge 100% of the short interest.

A modest amount of warrant expirations is going to have zero impact on shorting and stock price.

You won't know the amount of warrants expired until the Q2 numbers come out in August. April/May expirations will not be reflected in the Q1 data which is as of 3/31/2020.