I would not buy until after the RS takes place, and we are able to see which way the stock trends.
Unless IGEN is a remarkable exception, chances are it will head lower from the initial price on the day of the RS.
Sadly, our generation of investors has already been wiped out even before the RS (IGEN was printing.00045s today, so it’s already virtually worthless).
Time for the next generation of optimists to assume the torch.