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parkourstar

06/15/18 3:27 PM

#28858 RE: Kouka06 #28850

Not active when the stock is below $2.50? Really? Show me:

http://investors.mannkindcorp.com/node/15321/html

"We have entered into a Controlled Equity OfferingSM Sales Agreement, or sales agreement, with Cantor Fitzgerald & Co., or Cantor Fitzgerald, relating to shares of our common stock, $0.01 par value per share, offered by this prospectus supplement and the accompanying prospectus. In accordance with the terms of the sales agreement, from time to time we may offer and sell shares of our common stock having an aggregate gross sales price of up to $50.0 million through Cantor Fitzgerald, acting as sales agent, pursuant to this prospectus supplement and the accompanying prospectus."

I thought I read it pretty carefully, but didn't see word one about not selling below $2.50.