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Spectral Medical Inc EDTXF


Primary Symbol: T.EDT

Spectral develops devices for unmet medical needs. Sepsis occurs in 1.7M Americans/year causing 250K deaths, often caused by endotoxin. Our devices measure and remove endotoxin from the bloodstream. An FDA confirmatory trial is underway. Dialco, a Spectral sub, offers SAMI, a novel instrument for renal replacement, cleared by FDA. Dialco is seeking FDA approval for DIMI a unique home dialysis enabler. These devices have large commercial potential


TSX:EDT - Post by User

Comment by Accountprinceon Apr 19, 2024 7:00am
205 Views
Post# 35997525

RE:RE:TODAY’S NUMBERS

RE:RE:TODAY’S NUMBERSDefinitely financing coming.  The options initially disclosed last week to Seto (1,013,377) and Kellum (506,688) have now been set at an exercise price of $0.41 each as of April 18, 2024.

Why over a week ro establish the exercise price?  We'll see very soon is my guess.  Given the number of options and RSU's given to each of them these essentially replace to total of 3,000,000 PSU's that expired recently as the milestones were not achieved.
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