XOMA Corporation (XOMA)

[mbmalone]

Why did they sell 25,000,000 of our common shares for $0.76 when the current price was $0.86 per share? The shares should have been sold at a premium and the stockholders should have benefited. I think this is what all the hubbub is about. Nasdaq called them out on their BS hijaak financing. I don't know how they can fix this except to cancel 25,000,000 outstanding shares or require an extra .10 /share from Wm Smith & Co. Engel needs a new job, he's done enough damage here.