Replies to post #2534 on GeoVax Labs Inc (GOVX)

[tradeologist]

GOVX announces stock dilution and warrants valued at $6M

According to its 2015 Annual Shareholder Letter and SEC filing on March 20, 2015, GOVX reported the completion of a private financing transaction of up to $6 million, half of which was received by issuing 16.6M shares @ .16 per share, giving the company net proceeds of $2.7 million.

The other half of the funding consists of warrants that may be purchased by the private investors which is equivalent to another 16.6M shares @ .18 per share.