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Tuesday, 01/17/2023 10:39:37 PM

Tuesday, January 17, 2023 10:39:37 PM

Post# of 2861
They filed an 8K with the SEC today. Apparently they sold some warrants to raise some cash. I'm not going to waste my time trying to parse the details -- there's a point where it's just not worth the trouble. In the end it's just more dilution.

I have no idea how this affects their IPO. I suppose one interpretation is they needed a bridge loan to get the clinical trials moving, while the IPO waits. Or perhaps the IPO is off the table. The filing does say that they expect to file their annual report by the end of the month, so presumably we will get some information in the next week or two. So let's see what they have to say. That said, my patience is just about gone, so this better be good.

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