Friday, July 14, 2023 7:05:53 AM
We are offering on a reasonable best efforts basis up to 4,651,163 units, each unit consisting of one share of common stock and one common warrant to purchase one share of common stock, at an assumed offering price of $2.15 per unit, which is equal to the closing price of our common stock on the Nasdaq Capital Market on July 7, 2023. The common warrants included in the units will have an exercise price of $ per share, will be exercisable immediately and will expire five (5) years from the date of issuance. We are also offering the shares of our common stock that are issuable from time to time upon the exercise of the common warrants included in the units.
Rinse and repeat. Float is small enough to give massive volatility. Might pick up a few if it dips under $2 again. "If" Thinking it's almost a certainty. Guese I haven't looked at this in quite a while.
edit: Looking back now I remember why I've been avoiding this one.
https://finance.yahoo.com/news/adamis-pharmaceuticals-seeks-strategic-options-102744674.html
Do your research! Play the TA. All posts are my opinion.
Is fundamental trading dead?
"We hope not." Richard Dennis
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