Spectrum Pharmaceutecals Inc (SPPI)

[antihama]

SPPI ownership of CASI is down to 7.5%. Last I tracked it, it was at 10.4%. Reason:

Between April 1, 2020 and June 30, 2020, Spectrum disposed of 813,360 shares of Common Stock, at an average price of $2.27 per share. In addition, the Issuer conducted a public offering of 23 million shares of Common Stock on July 24, 2020, which further diluted the Reporting Persons’ position.

and

On July 24, 2020, the Issuer issued 23 million shares of the Common Stock in a public offering. Percentage of class calculated based upon 123,943,829 shares of the Common Stock issued and outstanding as of August 6, 2020, as reflected in the Issuer’s quarterly report on Form 10-Q for the fiscal quarter ended June 30, 2020, which was filed by the Issuer with the SEC on August 10, 2020.

https://www.sec.gov/Archives/edgar/data/831547/000119312520223600/d62973dsc13da.htm