Replies to post #72883 on Biotech Values

[DewDiligence]

In a shelf the shares are already registered, while in a PIPE they are unregistered. But could a financing include both of these elements within the same financing?

There’s no reason why such a dual-status financing can’t done; however, the issuer presumably wants to avoid the PIPE discount, and hence this scenario makes sense only if the shelf registration has too few shares remaining to handle the entire load.