Replies to post #388051 on NorthWest Biotherapeutics Inc (NWBO)

[anders2211]

Warrant exercise is a decision of the warrant holder rather than something nwbo can manage at its discretion.

The warrant holders that have to cash pay for the warrants want their exercise date to be postponed until after TLD for why have their money tied up in shares that just sit there until after TLD. So NWBO can then tell some warrant holders to exercise or have their date expire worthless (which they need cash for) and others to postpone. From what I have understood that has been the case so far (read senti's post)

I believe many of the preferred series A and B warrants were originally set to expire on May 2, 2020. Many of these same warrants were and have been extended multiple times by years and months when you either purchased more shares, and/or agreed to suspend exercising. Some of these warrants were likely set to expire July 2 of this year. I had heard there were around 10 million from a smallish group of longs with whom I’m familiar with. So it’s entirely possible that same group had just exercised those set-to-expire warrants a day or so ago. Obviously, there are still quite a few more, but I had heard about that set of expiring warrants from a couple of fellow longs.