Anavex Life Sciences Corp (AVXL)

[Simonizer]

So much BS on this board. Here are the facts in Note 6 of the 10Q as to any actions since the end of the quarter and as of today.

Note 6 Subsequent Events

Subsequent to December 31, 2020;

a) the Company received $497,931 of a $995,862 research grant awarded by the Michael J. Fox Foundation for Parkinson's Research. The grant will be used to fund a clinical trial in the Company's lead compound, ANAVEX®2-73 for the treatment of Parkinson's disease.

b) the Company issued 683,279 shares of common stock under the 2019 Purchase Agreement, including 661,708 shares of common stock for an aggregate purchase price of $6,649,782 and 21,571 commitment shares.

c) an aggregate of 1,841,616 shares were sold under the Sales Agreement for gross proceeds of $25,893,861.


For the record the Purchase agreement is Lincoln Park and the Sales Agreement is Cantor. Nothing else has been sold and the Prospectus is regularly amended and doesn’t mean that they are going use it. Can’t believe this has the stock down 2% in AH.