Lightwave Logic Inc (LWLG)

[frobinso]

I believe it is an At-The-Market instrument. The timing of the sales will be whenever LWLG instructs them. And they have an option of not using it at all.

Two things are shown here.
1) They listened to shareholders who wanted them to finance outside of a Lincoln Park financing.
2) Again showing a conservative approach by only pursuing $35 Million of a 100 Million Shelf offering.