Post by
Atechnician on Dec 01, 2023 12:14pm
RGX is running out of cash again
The 3rd RO is coming.
Have you prepared for it?
AT.
Comment by
canuck1326 on Dec 01, 2023 1:06pm
better not be. I recognize they'll likely need money but I don't suspect a 3rd RO will be well received. I would find it challenging to participate for a 3rd time myself
Comment by
lscfa on Dec 01, 2023 1:16pm
I doubt it. Co. went to debenture financing for lastest funds to reduce dilution and because imminent cash flow will cover interest payments.
Comment by
Atechnician on Dec 01, 2023 6:05pm
That debenture money is mostly spent. RGX needs to raise more money and the market knows. I suppose you did not read the latest financial statement.. AT.