NorthWest Biotherapeutics Inc (NWBO)

[trocprofit]

Sounds right. And, when you think about it. The same investor lent the new money. So, they insured they will be paid back on the first loan, while still getting the benefits of discount stock upon positive TLD. The second loan essentially only added $4 million in risk while more than doubling their opportunity. So, if they have an NDA, which any smart lender would, they made a great deal. BTW, an NDA does not mean they are privy to data, IMO, just a more detailed view of the plans, financials and estimated timeline.