InvestorsHub Logo
Followers 125
Posts 21010
Boards Moderated 0
Alias Born 06/13/2011

Re: sethjohn911 post# 275

Tuesday, 06/11/2024 10:07:59 AM

Tuesday, June 11, 2024 10:07:59 AM

Post# of 418
Seth. I need to correct my previous post . Co will have burnt thru more cash then I mentioned running this trial....... so its effectively now valued as tho the trial has failed and is trading on the value of remaining cash on hand.
If the trial were to succeed they would need to immediately raise cash or , if trading above $1 , get cash from the warrants being converted to shares . ( last part is my understanding on how warrants can provide cash to the co ...correct if necessary )

Warrants provide cash to a company in two ways:

Upfront Cash: Companies can sell warrants directly to investors, lenders, or other parties for an upfront cash payment. This allows the company to raise capital immediately by issuing the warrants.

Future Cash from Exercise: When the warrant holder exercises their right to purchase shares at the predetermined strike price, they must pay the exercise price to the company. This provides the company with additional cash inflow when the warrants are exercised.




Kiwi
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent UNCY News