According to the company, "Net proceeds to the Company from the offering, after deducting underwriting discounts and commissions, are expected to be approximately $5.1 million."
That is less than a quarter's burn rate according to the last 10Q. (abt $7.2m)
If they can work the share price up and get the warrants exercised, they would get enough to make it another 1.5 months or so.
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