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Markvee84

04/13/18 10:32 AM

#136152 RE: MrTrader129 #136150

"The filing of this form sometimes precedes an initial public offering (IPO) and is generally filed concurrent with common stock or preferred stock offerings."

https://www.investopedia.com/terms/s/sec-form-s-3.asp

Foamix files for $292M share offering (link below). You have to wonder what FOMX is planning to do with all that money. Fund a trial with owcp's cream perhaps??....

https://seekingalpha.com/news/3343144-foamix-files-292m-share-offering

Farmer7

04/13/18 10:47 AM

#136154 RE: MrTrader129 #136150

It can signify a company wants to sell shares to get more money to stay afloat, or to start partnerships with other companies for example. The thing is, fomx has enough cash on hand to operate. This is why I believe some sort of deal has been or is being brokered with OWCP and their cream for acne treatment, which FOM$ specializes . Lets see how this unfolds over the next few months.