Bright Minds Biosciences Inc (DRUG)

[tennecvol75]

It seems to me that each of the 2.8 million units sold for $1.40 per unit was comprised of one share in the company plus one warrant that is exercisable any time during the next 2 years (until August 30, 2024) for an additional share at an exercise price of $1.76 per share. In other words, the purchaser immediately received one share of the company and ,with each warrant, can buy one additional share for $1.76 any time during the next 2 years. The price for both the immediate share and the share that can be purchased with the warrant until August 30, 2024 are considerably below the current share price. Please correct me if I am wrong.