Replies to post #407106 on NorthWest Biotherapeutics Inc (NWBO)

[WojD40]

It was post number 397067

It's a much longer read than the quote below. I can't seem to find his follow up where he speculated the PIPE is something around $6 and the market reacts taking it to $10...which makes the buyout price seem more reasonable.

The "Next Offering" will be a PIPE transaction because they are not eligible to issues shares under their S-3 due to their late SEC filings from last year. They will do the PIPE transaction post-TLD and then next spring, in conjunction with the regular annual meeting, they will seek to raise the authorized share limit. They will also likely file an S-3 or do another capital raise under a S-1 where they can also register the shares sold pursuant to the PIPE.