it is obviously higher with a couple offerings and warrants but some shares have lock ups after a quick scan. she moves with volume so with news should go
The purchaser can't hold more than 9.99%. More than likely they are about to acquire. $15,750,000 in capital and only $750,000 in total liability.
This one will likely be one, though considering they have already purchased 20% of this company, they may be changing the terms and about to buy the whole company, just my guess. They have about 3 million in revenue in addition to several drugs in development.
Spherix Files Preliminary Proxy Statement Advancing the Planned Acquisition of Assets of CBM BioPharma, Inc.