Hope you are right, however, the statement 'if CryoPort decides this current offering is the best option for its shareholders', assumes management gives a lick about current shareholders who have helped them though the MOST difficult financial times(highest risk period for investors) they've had. Now when we are firing on all cylinders and capital is EASIER to find, new shareholders should not be gettin a screamin deal. I've participated in the private placements, and it was a MUCH bigger risk 2 years ago than it is now, last thing management should be doing is diluting our stake unnecessarily. I'm not saying this is a bad deal, what I am saying is there is no clear explanation of how this deal is going down.
For example, if they do a reverse split at 8-1, current price SHOULD be $5.60ish per share, if we crawl up to .87 again...closer to $7/share etc... If the new shareholders in this $15m offer get their shares at $4.40/share regardless of stock price(which has to be explained more thoroughly) current shareholders get the low end of the stick. Unfortunately when institution wave money at a company its hard to say no, because its an easy money raise. Not usually good for current shareholders though...
And don't forget, it appears they get 100% warrant coverage, which is more dilution.
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