NorthWest Biotherapeutics Inc (NWBO)

[hyperopia]

CaptainO, there was approximately 81 million shares available under the limit as of June 30. And yes, the share authorization limit is a real thing, but it’s clearly being managed effectively, and I highly doubt it will be exceeded. Public companies are required to have adequate internal controls to ensure that they don’t exceed the share authorization limit, and there would be consequences for doing so, like fines, penalties, or sanctions by the SEC.

1,034,475 Common Stock outstanding as of June 30, 2022

153,210 Warrants

309,512 Options
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1,497,197

378,600 Warrants and Options suspended (142,000 warrants + 236,600 options)
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1,118,597 Total Common Stock, Warrants, and Options Outstanding
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1,200,000 Share Authorization Limit
-1,118,597
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81,413 Shares Available under the limit