NorthWest Biotherapeutics Inc (NWBO)

[exwannabe]

Do you know the current total share count and how much more the management is allowed to dilute?

The second part of that is very murky.

DE law restricts them to 1.7B common shares, and that is a hard limit but specifically common. So they are fine there.

But there are employee options, warrants, preferred shares and converts. Some of these require common shares to be reserved against them. But to further confuse this, failing to reserve might not even be actionable until somebody could not convert.

In short, I have no clue how many common they could issue today. It is likely a complex dance with the holders of the derivative instruments.

I am sure LP knows though. And you will find when the limit is reached when you see it on Edgar.