Yep. What is this placement, around a 20% increase in the fully diluted ? What surprises me is how the pps has held up a bit above 10% over the offering price. Sources I have seen state a surprisingly high percentage of institutional holding (beyond Sprout). Is that really the case with a (for now) sub dollar stock Of course the follow on is then the pps holding up like this in the face of the offering is a reflection of how tight the float is?
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