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Replies to post #362344 on Anavex Life Sciences Corp (AVXL)
06/04/22 5:09 PM
"The Baker Brothers filed to sell 42,393,855 shares of (ACAD) common stock. Ask yourself, why would the Baker Brothers get out?
Well, they must have realized that Acadia is a disaster and going downhill, sinking, much like the Titanic?"
This prospectus relates to the disposition from time to time of up to 42,393,855 shares of our common stock, which includes 489,269 shares of our common stock issuable upon the exercise of warrants, which are held by the selling stockholders named in this prospectus. We are not selling any common stock under this prospectus and will not receive any of the proceeds from the sale of shares by the selling stockholders. We will, however, receive the net proceeds of any warrants exercised for cash.
AI
