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Re: hankmanhub post# 396222

Tuesday, 08/17/2021 1:19:16 AM

Tuesday, August 17, 2021 1:19:16 AM

Post# of 703247
Shares Authorized is 1.2 billion.

Currently outstanding is 872m

On a fully diluted basis (converting all options, warrants), nwbo is already well over the authorization limit. I don't think that is good governance, but it's not an immediate problem.

nwbo also has authorization for 100m Preferred, none outstanding. When they have sold Preferred in the past, it was always Convertible Preferred.