GREY:ATBPF - Post by User
Comment by
InTheKnighton Nov 10, 2023 12:46pm
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Post# 35728788
RE:Need for Additional Financing
RE:Need for Additional Financing This is only my opinion based on my own analysis and what I would do if I were in their shoes.
They have plenty of cash on hand to fund the full phase II trial and beyond. Once completed this would give them a privileged position to sign exclusivity deals with big pharma that will bring in some revenue while they prepare for next stages. Directors don't want more diluted stock as they own a big share of the oustanding shares themselves.