Replies to post #592794 on NorthWest Biotherapeutics Inc (NWBO)

[hoffmann6383]

Flipper44, I’ve been in the capital markets for over 30 years & I’ve never seen a “prepayment” on a financing. Never.

Exactly. It would be a very unusual arrangement. Possible? Of course. Anything is possible, but this scenario is very unlikely.

[flipper44]

It’s “prepayment” for securities, with the terms not having quite been finalized in ink when the 10q was published.

[JerryCampbell]

"On May 8, 2023, the Company received a $3.0 million prepayment for the purchase of securities for which the terms are in the process of being finalized."

That quote is direct from the 10-Q. https://www.sec.gov/ix?doc=/Archives/edgar/data/1072379/000141057823000976/nwbo-20230331x10q.htm

[imanjen13]

Hmmm. Here's 3 million dollars for stock. Don't worry about the price and amount of shares I will get. We can work it out later.

[Bright Boy]

100% right JFR !!!!Also, why would the company create new securities for a financing when they already have the C Shares !!!!
Cheers,

BB