Intuitive Surgical Inc (ISRG)

[was CUIN2]

Titan has raised $3.75 million (minimum) from warrants exercised in the last several days according to the article.

"Including the raise the company completed on February 19, 2014, there are just under 30 million warrants currently outstanding. The exercise prices vary from a low of $1.25 to a high of $2.00. If warrant holders exercised all outstanding warrants, it would generate an additional $58.5 million for the company. In the last several days approximately 3 million warrants have been exercised. The expiry date of the least expensive warrants is March 2018."

If this trend continues, Titan may not need another financing, or a very minimal one. In the last few days 10% of there outstanding warrants have been exercised.