RE:News: ANX Upsizes Financing Up To $8.5M
Of course it got upsized. This is looking like a very sweet deal for the intended purchasers of these FT shares at the expense of current shareholders right now. Better be a good explanation for this to come that dramatically drives up value. I am not keen on a 8 percent dilution when the shares are trading at a fraction of the NAV of this company when a couple months from now this approach could have brought in more cash for less dilution.