Titan Medical Inc (TMDIF)

[66Mustang]

I would assume so. I suspect the $18M should hold them over for a few weeks if needed, but another $9 waiting in the wings is nice.

What is it, like 90 days before the filing goes public showing who bought that much of a public company's stock?

It stands to reason that whoever funded this raise is in cahoots with Medtronic in some way, other wise the timing would be too suspicious - it takes longer than a couple days to coordinate an $18M stock deal, and before the Medtronic announcement, who would have done that??

I did joke this morning at how messy this situation could get if the $18M actually came from JnJ or ISRG! Maybe trying to dig their hooks in before Medtronic runs away with our technology - for a price, of course. Imagine the bidding war if one of those two just bought 25% of Titan and Medtronic is trying to close the deal!

Fun times! For a pleasant change...


Message in reply to:
Hey66. They just got 18 mill. If this offering was bought by Medtronic or a shell company can they get another 9 mil right away from the warrants that are attached. At $1 ? Thanks buddy.