Avid Bioservices Inc (CDMO)

[MGaddy]

Maybe they dribbled the first offering out just to get the preferred shares listed. Once the listing requirements are met, they can do whatever they want with the rest of the offering. I couldn't find the post that listed the requirements, but it seemed there had to be xxx number of shares and more importantly xxx number of shareholders. If we just sold them to a partner, there would only be 1 shareholder, so it makes sense that they have to meet the listing requirements before they can announce a partner.

Ready to be lifted off my feet, instead of knocked off them,

MG