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Bullboard - Stock Discussion Forum Oncolytics Biotech Inc ONCY


Primary Symbol: T.ONC

Oncolytics Biotech Inc. is a biotechnology company. The Company is focused on developing pelareorep, an intravenously delivered immunotherapeutic agent that activates the innate and adaptive immune systems and weakens tumor defense mechanisms. This compound induces anti-cancer immune responses and promotes an inflamed tumor phenotype turning cold tumors hot through innate and adaptive immune... see more

TSX:ONC - Post Discussion

Oncolytics Biotech Inc > Options at FY2023
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Post by 2O2Ovision on Mar 08, 2024 7:18am

Options at FY2023

Insiders haven't filed with the canadian securities in quite some time so we don't know who exercsied options (other than Andrew before he left) but the financials do shed some light on the subject. ONC booked proceeds of $781K from 450,391 excercised options in 2023. Insider ownership used to be around 850,000 shares at the last Sedi reporting date so we could be looking at roughly a 50% increase in ownership in December. Nothing huge but again we don't know what is going on until they file with Sedi. There were 480,000 options at $1.45 expiring in December so we can assume many were exercised, and the roughly 300,000 shares out of the money were let go. Some day we'll know wha'ts going on. Cheers.
Comment by 2O2Ovision on Mar 08, 2024 7:27am
Oops sorry... last bit should be 300,000 options not shares, that were also expriing in 2023.
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