InvestorsHub Logo
Followers 4
Posts 150
Boards Moderated 0
Alias Born 09/09/2016

Re: None

Sunday, 06/28/2020 6:53:40 PM

Sunday, June 28, 2020 6:53:40 PM

Post# of 19558
GOVX plan is a nasdaq listing and a capital raise. Very positive developments if they succeeded. We would have a nasdaq stock with institutional support. Likely analyst coverage. Plenty of capital to move products through testing and into the market. Company also secured a bridge loan to get to the raise. Company now has working capital. Bridge loan very favorable. Only 5% interest. It is convertible after 6 months but the conversion price of $0.50 is above the current market price. It's also callable so might not result in any dilution. This is a real plan to build a legit nasdaq biotech. Current market cap only $5 million. Great risk reward situation.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent GOVX News