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midastouch017

05/18/23 8:46 AM

#3889 RE: midastouch017 #3888

On a proforma basis, including the receipt of the $20.0 million milestone payment, cash and cash equivalents as of May 18, 2023 is $51.6 million.


No offering needed, neither usage of ATM facility!
:-)

king oil

05/18/23 11:44 AM

#3890 RE: midastouch017 #3888

Well that explains the stock plummeting after approval. The payment is far lower than most had imagined.