fantastic news. sounds like the offering went very quickly and easily - always a great sign, and run by a reputable bank. this gives the company enough financial runway to reach 2026 - the financial uncertainty is now completely off the table. my only regret was not adding more up to this point - but now that there is more volume / liquidity in the market, i will add steadily on any pullbacks.
for those who are curious, there are 2 research report out by reputable firms on RNXT that delve deep into the technology and the underlying company. Both have price targets of $4 on the stock. Of course, the potential is a large multiple of that number - as the $4 is fair value today (discounting an eventual approval which will cause the price to skyrocket).
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