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Re: faithabides post# 191169

Thursday, 06/04/2020 9:18:55 AM

Thursday, June 04, 2020 9:18:55 AM

Post# of 278616
As far as a quiet period, I don't think so. The SEC will need to grant effectiveness to this prospectus before anything can be actionable anyways. But I've seen companies drop news in the interim to boost share price. In fact that's very common for other companies to increase the unit price.

When Moderna did their offering a couple weeks ago, it was on the heels of good (yet thin) clinical data. They got a lot of flak from it because a lot of people thought the data wasn't mature enough, but nonetheless, it helped their share price, and ensuing unit price.

The financing arrangement we have now is the same type that is done on many of the big board listings. The days of the CSC type financing (or worse) is over.
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