RE:RE:RE:RE:RE:RE:RE:Annual meeting I don't think they even had to mention any of those three things. As you may recall, they got the news on the oncology trial being approved to proceed before Christmas and did not release it immediately, indicating they did not see that as a material item requiring a PR. On NASH, they got the news between Christmas and New Years and did not release that right away either. And on the pre-release of revenues, they certainly were not required to release that info either. So, I feel pretty confident they were trying to get the shre price higher, as they should have been trying to do. If they got any pressure to price the deal quickly, before the stock had a chance to fully reflect that news, it likely came from Soleus and Mackie. But I think you can take it to the bank that they put that info out to push the shre price higher before the deal was done. Soleus may well have said in response, "you do the deal now or we are walking away" since they were obviously looking to get an attractive entry price. Who knows, maybe the warrant was a last minute throw-in in order to keep Soleus in the OO following the price starting to rise following the press release.
jeffm34 wrote: SPCEO1, have to disagree with you there. That was not a news release to try and increase the share price. The record quarterly sales, NASH phase 3 and start of Oncology had to be made public before the offering could happen. I think the news release was done in a way to try and keep the share price from running too high above the agreed upon offering price. You can't tell me this was meant to try and increase the share price while announcing the 3 best developments this company has had in years. If that was an attempt to increase the share price someone should have been fired on the spot:
"Theratechnologies outlines F2020 net revenue estimate
2021-01-07 07:34 ET - News Release"
SPCEO1 wrote: My best guess is that the company would not have even said anything about the letter to proceed on the NASH trial if they were not doing the OO. They wanted to put whatever they could out there to get the share price higher before the OO