Howard,
I appreciate your replies as I am relatively newer to the stock and don't have the history. I was wondering if this similar situation had ever occured in the past--when Neom approached right up to the deadline to announce additional financing.
I was also thinking in my head--perhaps it's just that they don't have to disclose the financing until the end of month, and would just release it in a typical 8-K, with no PR. I can understand why they wouldn't tout financing in a PR, but the adverse effect on the share price leading up to the end of the month would make me wonder why they don't take any action to mitigate this if financing is in place? That's why I was kind of wondering if I am just out of the loop or don't understand the timing or disclosure thought processes associated with a small public company.
I do realize that the language regarding continuing as a going concern is standard language and like you said would be present in many small public companies--but the deadline is very near. In my head, would make absolutely no sense to "pull the plug" at this point, and I carefully considered this when initially investing.
I am at a point where I have made solid gains considering the current pps though, and I would like to just understand what exactly would happen if we hit this date and no financing is released?
I am starting to think maybe it's just going to be a standard 8-K as you mentioned. I am still left scratching my head to some extent though...