Replies to post #502230 on NorthWest Biotherapeutics Inc (NWBO)

[exwannabe]

Thereby no SEC SC 13D required

True, but for the C series will require a form 3 for anybody who acquires more than 10% of the 'Cs sold (the 10% rule is per class). That is due 2 days after the transaction.

So we will definitely know if any whale picked up most of the Cs.

Also, NWBO must disclose the C sells within 4 days. Similar reason, the 1% threshold for disclosure is per class.

This will not go under the radar. And I am with Senti, I would think it is likely we know Monday or Tuesday.

[ATLnsider]

jimmy667, I do agree with you, that the Series C preferred shares could be used to help NWBO meet the shareholders’ equity requirements for uplisting to the NASDAQ, AMEX or NYSE.