Reefrad, how you know they were warrants? I do know the shares I purchased today were hidden and not shown as available to the retail investors. When I purchased 20k and 1300 shown, it stayed 1300 available. No movement. Bought Ask.
These are not warrant conversions. I own C shares and commons but personally know 2 large warrant holders. They are not converting warrants. The Company is diluting the common for more cash. 8-9 M in the last month...shorts know this and will short into the dilution. A day in the life of small biotech. Don't worry, all that cash raised diluting the common will pay, and pay huge. Soon.