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Re: PennyWorld post# 847

Sunday, 04/10/2022 9:34:21 PM

Sunday, April 10, 2022 9:34:21 PM

Post# of 1087
PW, please consider that any mediation progress does not necessarily mean that this progress is favorable to Nrx. Common sense is that if it were favorable to Nrx vs RLF, then this major major shareholder would not be selling, ie, "reselling", or filing for "resale" per Seeking Alpha and "Files for resale" is an odd way of saying "sell", IMHO.

https://seekingalpha.com/news/3822137-nrx-pharmaceuticals-files-for-resale-of-up-to-782m-shares-by-selling-shareholders?utm_source=advfn.com&utm_medium=referral


NRx Pharmaceuticals files for resale of up to 7.82M shares by selling shareholders
Apr. 08, 2022 5:09 PM ETNRx Pharmaceuticals, Inc. (NRXP)By: Anuron Mitra, SA News Editor

Biopharmaceutical company NRx Pharmaceuticals (NASDAQ:NRXP) on Friday filed for resale of up to 7.82M shares of common stock by certain selling shareholders.
The company is also registering 391,236 shares of common stock to be issued upon exercise of the placement agent options.
The company will not get any proceeds from the sale of shares by the selling shareholders. It will receive the proceeds from any exercise of the investment options and placement agent options for cash.

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