I'm 50/50 on that and I'm not sure I even care with only a year to go to be honest. If all those warrants are cashed in by April, I'm guessing we would still have approximately 40 million cash on hand going into AD results. Would certainly be enough for the additional trials and runway into 2023. In other words they wouldn't be up against the wall financially. The other thing is they didn't raise funds going into the first trial, even when price ran above 30 bucks.
That said if things are stacking up well for us and we're trading 20-50 bucks, then they would be crazy not to sell a few million shares like SAVA did to advance further trials IMO. I guess it depends on what the share price is whether I think the company will or won't raise. Just my opinion but its a very real possibility even though we currently have the best balance sheet since I've been watching.
News 
Market Data 
Discover 
AI
