Replies to post #289282 on NorthWest Biotherapeutics Inc (NWBO)

[anders2211]

I wonder if part or all of the other 53m May/June warrants are now in the money, or if they expired too soon to benefit.

That is a very good question. The OS shares have increased from 650 million to 700 million over the past 2 months. However, NWBO just reported "only" 9,3 million sales in shares through warrants.

So strange...

[anders2211]

During May and June, 2020, approximately 62 million warrants have expired or are scheduled to expire...

then was it not in the interest of the company to produce news to have the SP increase and therefor get the warrants to be in the money....? Or am I now too cynical?

[exwannabe]

Good catch that the 9M recent warrants will most all come out of that 62M number previously PR'd. By my count that makes the fully diluted pool share:

 
 710M shares 
 105M options outstanding 
  12M contngently issuable warrants 
   7M convertable notes 
 305M warrants 
  43M options in the new employee pool 
 ---- 
 1.18M 

This does not include the Cognate deal that they can elect to take in stock at unknown terms.

I doubt this matters to Vator and all the other longs whow agree with him that there are really only about 800M fully diluted shares :-)


-----------------------------------------------
Warrant calculation:
347M 10K EOY
10M 10K Subsequent events
6M 5/29 424B5
5M 4/9 424B5 (?)
(62M) Expired/exercised
-----
305M