>If Cortex decides to proceed with a registered direct offering, how much information do you think Cortex would have to provide to the prospective investors in regards to potential/expected timeframes for an RD deal, and the ballpark expected magnitude of an RD deal? I'd think the investors would want to have a decent handle on the RD deal prospects before plunking down their cash, so I'm curious how much Cortex would likely be willing to share with them.<
Unless the prospective buyers sign a non-disclosure agreement, COR cannot legally disclose anything of consequence to them that is not already in the SEC filings.
Non-disclosure agreements are generally reserved for major strategic transactions; they are rarely if ever used for routine financing deals. Regards, Dew
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