NanoViricides Inc. (NNVC)

[kulnor]

Thats also my understanding. Basically, they seem to be paying $10/share. Is that correct? That's quite a premium so they must be very confident in the future of NNVC. If so, what does it mean for the current share price? Can't wait for the open to see the market reaction.

I'm just a bit puzzled by the nearly 1/2 million in "placement agent fees and other offering expenses". Anyone can elaborate on what these expenses can be? Maybe I should become a placement agent...

I also like the "This financing positions us for meeting the listing standards of major exchanges,...”

The company seem quite private:
http://www.seaside88.com/

"Seaside has financed several leading-edge bio-pharma companies, including Cytori Therapeutics, Inc., Generex Biotechnology Corporation, and NovaDel Pharma, Inc. among others
We should research how these companies fared....

*K