Replies to post #465713 on Anavex Life Sciences Corp (AVXL)

[RedShoulder]

One possibility is that Anavex may have done this shelf registration because they are in late stage partnership talks with one or more suitors; it could be the kind of offer(s) that you don't walk away from with Anavex's terms being met; and thus needing shares the partner would get to seal the deal.

The awaited AD trial data in more detail is now out in yesterday's news, that may have cleared the way for serious partnership negotiation. If so, there is likely be several suitors offering their terms.

[crescentmotor]

We have four years of cash runway, so this proposed registration has nothing to do with day to day cash management.

It obviously doesn't given the headroom still available under the ATM agreement. There could be other developments in the works that would require new shares to be issued. And now we have more current information that the new Form S-3 is a replacement for a 2019 Form-S3 that, by regulation, became "stale" a couple of years ago.