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ProMIS Neurosciences Inc PMN

ProMIS Neurosciences Inc. is a clinical-stage biotechnology company. It is focused on generating and developing antibody therapeutics selectively targeting toxic misfolded proteins in neurodegenerative diseases such as Alzheimer’s disease (AD), amyotrophic lateral sclerosis (ALS) and multiple system atrophy (MSA). Its proprietary target discovery engine applies a thermodynamic, computational discovery platform-ProMIS and Collective Coordinates-to predict novel targets known as Disease Specific Epitopes on the molecular surface of misfolded proteins. Using this approach, the Company is developing novel antibody therapeutics for AD, ALS and MSA. Its product candidates are PMN310, PMN267, and PMN442. The PMN310 is a monoclonal antibody designed to treat AD by selectively targeting toxic, misfolded oligomers of amyloid-beta. PMN267 product candidate targeting ALS. PMN442 is a drug candidate being developed for MSA designed to selectively target and protect against pathogenic a-syn species.


NDAQ:PMN - Post by User

Comment by KingAbeNYCon Aug 23, 2021 10:05am
100 Views
Post# 33747919

RE:RE:RE:anyone got a reason...

RE:RE:RE:anyone got a reason...As per their Release;

It's a fair deal in my opinion meaning an Investor can purchase 1 unit and it will include 1 Common Share plus a 1/4 Warrant at a price tag of 0.21 which will entitle the Purchaser to gain 1 more share. 

It seems the only way that would make sense to the Investor is if the Price above 0.21 USD.

Each Unit consists of one common share of the Company (a “Common Share”) and one quarter of one Common Share purchase warrant (each whole purchase warrant, a “Warrant”). Each Warrant will entitle the holder thereof to purchase one Common Share (each, a “Warrant Share”) at a price of US$0.21 per Warrant Share at any time up to 60 months following the issuance date thereof, subject to acceleration.


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