Replies to post #46528 on Delcath Systems Inc (DCTH)

[SAMNOTSAMUEL]

The rights offering was a disaster, but unbelievably it was still the best financing since 2015 for a combination of somewhat large amount of money and cheap price, but not super cheap price.

I see no reason the company should not go back to variable deal with HB if HB is willing, since management will choose any route that prevents or postpones bankruptcy.