NorthWest Biotherapeutics Inc (NWBO): It is an anti-takeover provision. If the...

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NorthWest Biotherapeutics Inc (NWBO)

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Re: Truthfan post# 343934

Thursday, 12/31/2020 11:03:56 AM

Thursday, December 31, 2020 11:03:56 AM

It is an anti-takeover provision. If there is a hostile takeover attempt the IMNB BOD can trigger this by giving each existing shareholder one share of preferred stock for each share of common thereby diluting the entity or entities trying to take over the company by acquiring shares.

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