Replies to post #46891 on OncoSec Medical Inc (ONCSQ)

[chickpea598]

warrants are at a higher price than the offering and Oncosec does not expect them to be executed until there is a market for them so I don't expect this to be dilution until we have another runup into TNBC data at the SAABS conference in December. If that shows significant response rates at 6 months evaluation time than I expect the shares to be much higher. Now consensus price targets are $20 for ONCS.

[James salmon]

In the 8k this morning prior to the PR this was part of the wording regarding the offering;

On May 22, 2019, OncoSec Medical Incorporated (“OncoSec” or the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”) with A.G.P./Alliance Global Partners, as representative of the several underwriters named therein (the “Underwriters”). Pursuant to the Underwriting Agreement, the Company agreed to sell to the Underwriters, in a firm commitment underwritten public offering,


I presume from the wording “ firm commitment” that this clearly shows that they had buyers for the shares already.

[novicetrader]

saw that one, I believe it's just the filing from yesterday's news though,no new bad news:
https://www.sec.gov/Archives/edgar/data/1444307/000149315219008116/form424b5.htm

[carp77]

Wow just set another 52 week low today the gift that keep on giving too the shorts that is lol