Replies to post #396222 on NorthWest Biotherapeutics Inc (NWBO)

[JerryCampbell]

Shares Authorized is 1.2 billion.

Currently outstanding is 872m

On a fully diluted basis (converting all options, warrants), nwbo is already well over the authorization limit. I don't think that is good governance, but it's not an immediate problem.

nwbo also has authorization for 100m Preferred, none outstanding. When they have sold Preferred in the past, it was always Convertible Preferred.

[hyperopia]

hank, approximately 25 million shares under the authorized limit, as of June 30, or between 13-14 million shares under the cap currently, by my calculations:

Common Stock Outstanding as of June 30 - 857,230

Warrants Outstanding as of June 30 - 312,035

Stock Options Outstanding as of June 30 - 305,779

Total Common Stock, Warrants, and Options Outstanding - 1,475,044

Total Warrants and Options suspended - 300,300 (At June 30, 2021, approximately a total of 241.5 million options and 58.8 million in underlying warrants were under block or suspension agreements)

Total Common Stock, Warrants, and Options Outstanding excluding suspended Warrants and Options - 1,174,744

Share Authorization Limit - 1,200,000

Note: during July and August, just over15 million shares of common stock were issued, and almost 4 million additional options were suspended.