Humanigen Inc (HGENQ)

[Corundum]

My understanding is that the rule applies to ATM("At-the-market")-type offerings. No difference between positive or negative news.

I suppose unblinding could be argued to be not fully indicative until the data is locked and top line results are officially known. But I doubt it. Also, there has been tough talk from the SEC about insider knowledge for COVID-related stocks, and some people are suggesting that the SEC and the Justice Dept. may raise violations to a criminal level.

ATM's also have other rules against "managing" the stock price during the offerings. So my expectation is that the Fireside Chat will either be a whole lot of nothing, or the ATM will be over, regardless of amounts raised. Given the timing of the Fireside Chat, I hope for the latter.