Support: 888-992-3836
Copyright © 2023 InvestorsHub Inc.
Replies to post #34857 on Humanigen Inc (HGENQ)
10nisman
12/25/21 11:26 AM
#34863 RE: cowtown jay #34857
Compelling evidence that management was expecting approval is shown by the fact that Humanigen did not sell a single share of what they had available to sell by resuming the ATM, until after we were Declined. But being deprived of a revenue source, they were forced to dilute us for less than half of the proceeds they would have generated if they had sold shares before the EUA Decline."
And I hope that the company will not have to sell all of the remaining $33.5M worth of stock. That will depend on how much revenue is being generated through Clinigen.