RE:Base shelf prospectus ! How is this diff than PP ?
The only thing I like about base shelf is no warrants to dilute as well.
I'm no expert but my recollection of other companies I follow is that the base shelf approach allows them to sell more shares when there is an uptick in enthusiasm and momentum. They slide out some more shares and take advantage of the fact that everyone is happy with the price tick to not complain much. Plus the do small enough lumps that it doesn't crash the price.
So not great in the big scheme but far far better than recurring PPs.