Replies to post #148307 on NorthWest Biotherapeutics Inc (NWBO)

[sentiment_stocks]

I saw that. I wonder if one or more of the $12m preferred investors put in $2million, and they also had 6.6 million .26¢ warrants. Perhaps as an incentive for contributing $2m in the $12m deal, they were able ALSO to exchange their .26¢ warrants from a previous deal for .22¢ Class D-1 warrants.

That's how it reads to me. However, it isn't an even exchange.

Concurrent with the closing of the Series A Offering, the Company also exchanged previously issued warrants for the purchase of 6,686,342 shares of our Common Stock, exercisable at $0.26 per share, for Class D-1 Warrants for the purchase of 11,792,482 shares of our common stock, exercisable at $0.22 per share, and 120,590 shares of Series A Preferred Stock. Such securities are being exchanged and issued to certain investors in consideration of approximately $2,000,000 in additional investments received by the Company in this offering