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Re: raja48185 post# 409747

Tuesday, 04/04/2023 1:10:37 PM

Tuesday, April 04, 2023 1:10:37 PM

Post# of 463458
$ANVS ... What a miserable stock offering they just had.

"...the Company sold 704,000 Shares pursuant to the Sales Agreement at a price of $10.88 per Share, for gross proceeds of $7,659,520 before commissions. As a result of the termination of the Sales Agreement, the Company will not offer or sell any additional Shares under the Sales Agreement."

$AVXL thankfully has a strong cash position, however similarly as an equity financed entity is subject to similar market trends.

https://www.sec.gov/ix?doc=/Archives/edgar/data/0001477845/000110465923041237/tm2311180d3_8k.htm
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