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Tuesday, June 16, 2020 8:12:24 AM
The Toronto Stock Exchange (“TSX”) has confirmed that the Company qualifies as an “Eligible Interlisted Issuer” pursuant to Section 602.1 of the TSX Company Manual which provides that the TSX will not apply certain of its requirements to issuers whose shares are listed on another recognized stock exchange such as the Nasdaq Capital Market.
From:
https://ih.advfn.com/stock-market/NASDAQ/titan-medical-TMDI/stock-news/82644507/titan-medical-announces-closing-of-us-18-0-million
I am not an attorney, but see how that reads...
It sounds to me like TSX punted responsibility to the SEC/NASDAQ side for the reporting.
When we looked at the SEC thing, I guess I have to dig it again, wasn't it like 6.4m shares, and 9m $1 prepaid warrants and $9m regular warrants ?
If that's right then 6.4m is already over 10% unless they dumped it...
It would really be a bummer if we don't get to know who this is, and it would smell funny.
... like a Short covered 6.4m shares owed and reloaded twice for 9m
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