Antibe Therapeutics Inc(Pre-Merger) ATBPF

RE:RE:Early warrant exercise

[Benedictus]

matt2018 wrote: I dont see how any news can be released during this period of the discounted exercise of warrants period of Jan 16 to Feb 15.
Looks like they would like to raise $6.5M during this period through this discount from $1.50 to $1.00.
I guess they are hoping on the stock price being higher than a buck during this period or why would investors exercise them?

Right, just guessing here, but it seems likely they would want to announce the start of p2 prior to this "incentive" window opening up and then bank on that confirmation driving the sp higher and bringing the wts itm.  But unless we also get confirmation of an arbitration win I just don't know how comfortably itm they can get those wts. Also, the optics of an even further price reduction and thus managements current perception of the company's valuation is really poor imo.