80,000,000 Authorized 22,950,000 Shares Outstanding 22,680,000 Shares held by Phoenixus AG ----------- 270,000 Public Float
Then, from the 10-Q (30Sep21)
That comes out to about 3,862,500 shares common due Oct 8, 2022. If this not is not settled before then, more shares common will need to be registered...then there will be about 26,812,500 S/O.
Small dillution...but it puts the current 1% available shares down to even less.
With the hopeful chance that the CytoDyn HIV BLA being approved in late 2022 and a PDUFA date in mid-2023, Regnum really doesn't have any cashflow for another year.
Is Phoenixus AG going to continue paying the bills? Think that $1.5M is going to get them through Oct 2022....when income from the CytoDyn HIV BLA probably won't be realized until at least mid-2023?
Oh, and how much and when are the milestone payments to CytoDyn due?
Trying to lay this out on a calendar and things aren't matching up.