Replies to post #399437 on NorthWest Biotherapeutics Inc (NWBO)

[Sojourner55]

Some links

https://nwbio.com/nw-bio-announces-40-million-financing/

Woodford will purchase $40 million of the Company’s common stock at $7.40 per share, for a total of 5,405,405 shares. The purchase will take place in two closings, with $11.5 million closing on or before April 8, and the remaining $28.5 million closing on or before April 30. There are no warrants, pre-emptive rights, or other rights or preferences. There was no investment banker involved in the transaction.

Woodford previously purchased $25 million of the Company’s common stock in November 2014, in addition to substantial purchases of the Company’s stock in the market.

https://nwbio.com/nw-bio-closes-28-5-million-second-tranche-woodford-40-million-financing/

https://nwbio.com/nw-bio-has-entered-into-an-agreement-for-30-million-of-new-
equity-funding-from-woodford-investment-management/


Edit: the $180 M included value of shares purchased open market.

[Jack2479]

The sale and lease back was a great deal and exactly as you described, additionally all the recent funding rounds have also help to build up Sawston and by association Advent.

[biosectinvestor]

I completely agree. Totally brilliant!