As Joe (Microcap) says: "10k filed. 19.2m plus 3.2m plus 23.6m is equal to 46m at the end of last year. So roughly 45m as of right now. Should be set."
'Since December 31, 2025, the Company has issued 1.3 million additional shares of common stock through its ATM offering at an average price per
share of $2.47 resulting in additional net proceeds of approximately $3.2 million, after deduction of commissions and expenses.
On February 24, 2026, the Company completed a registered direct offering (the “Offering”) of 5,000,000 shares of the Company’s common stock, par
value $0.001 per share common stock at a purchase price of $5.00 per share (the “Shares”) pursuant to a Securities Purchase Agreement (the “Purchase
Agreement”) with certain institutional investors (the “Investors”). Net proceeds to the Company after deducting the placement agent fee and expenses were approximately $23.6 million.'
We should have funding now into 2027.which follows Scotty's projection of having a commercial deal late this year or early next year. I'd like to think they must be fairly confident to switch tactics (going full yearly funding all at once) mid-stream. 🤔
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