He financed above market @5.50 at a 20% premium I believe. He could have forced the company into a much lower closing and he did not. Why would he drive his overall investment way below water for a small part of new financing?
It would be uncharacteristic where with earlier NWBO investments he paid more than a fair price per share at a time when NWBO really needed the financing and others investors before NW had negotiated deep discounts. It appeared he believed in DCVAX and was genuinely working with NWBO to help them succeed.
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