Hat in hand, or options open? What do you think is a better negotiating strategy?
If you are negotiating with someone, you don't want to be in the position of a supplicant taking whatever charity they'll offer or else your company will go down. You want to have alternatives. If you can issue stock and get money, you don't HAVE to take whatever lowball offer you may get.
And, since news of a shelf registration always impacts the stock, the time to do it is when the stock is relatively strong and investors are hopeful. You definitely don't want to do it if there is word that some big pharma turned you down.
Market Data 
Markets 
AI
