Replies to post #32320 on Delcath Systems Inc (DCTH)

[13moonster]

Agreed.
Still has 250M shares and Proposed Maximum Aggregate Offering Price of $10M.
Although the shares are not priced, it still appears as $.04 pps.

MM

[Simsim99]

It has changed. They took away the concurrent placement of 2 warrants for each shares purchased in the 250 million shares offering. Instead they are selling units that include those two warrants per share.
There is also now no mention I see about asking shareholders for an increase in authorized shares afterwards. Even though if fully sold to cover the warrant exercise at some point they would need to raise authorized.
Interesting.