All the info you need is in the SEC filings
Deadline for the extension is tomorrow
The guarantee was exercised on July 12th, meaning beginning court proceedings to collect the funds could start on Thursday
I don't think Nemus has the funds to go after SB in court, but they do Have very Nasty lawyers and backers with Deep pockets, so who knows
I would be Short the SB deal and long a 1-2m financing
If a downward Move caused by a $2500 selloff makes your stomach turn, I would suggest avoiding investing in start up biotechs