Replies to post #369994 on Anavex Life Sciences Corp (AVXL)

[Investor2014]

That is called a Rights Issue, which many companies do.

One thing I wish is that Dr. Missling offered shareholders first crack at the various offerings over the years. So rather than go to Lincoln Park, ask the shareholders if they wish to purchase additional shares up to and equal to their current holdings before looking for outside money. Some shareholders may not participate, and will be diluted as a result, but at least it would allow most shareholders to

[ignatiusrielly35]

Missling meant debt and/or upfront cash payments from distribution partners.