Post by
Trippedstocks on Dec 10, 2020 10:44pm
Taken from Ihub snoop
December 10, 2020 Notice Declaring Intention to be Qualified under National Instrument 44-101 (NI 44-101) Short Form Prospectus Distributions To: Ontario Securities Commission And To: British Columbia Securities Commission Alberta Securities Commission Revive Therapeutics Ltd. (the Issuer) intends to be qualified to file a short form prospectus under NI 44- 101. The Issuer acknowledges that it must satisfy all applicable qualification criteria prior to filing a preliminary short form prospectus. This notice does not evidence the Issuers intent to file a short form prospectus, to enter into any particular financing or transaction or to become a reporting issuer in any jurisdiction. This notice will remain in effect until withdrawn by the Issuer. Revive Therapeutics Ltd. Michael Frank Michael Frank Chief Executive Officer Copy and paste from sedar
Comment by
Urrtoast on Dec 10, 2020 11:18pm
TrippedStocks .. can u tell me what this means please.. I don't really understand it . Thanks
Comment by
1ottrunner on Dec 11, 2020 6:11am
It means the company is looking to raise capital.
Comment by
DeadPool007 on Dec 11, 2020 6:58am
It was posted yesterday morning around 9am on sedar. Market knows about it already. Wondering what the funds are for? Maybe preparation for production if the results are heading the right direction? Uplist? Mhmmm
Comment by
1ottrunner on Dec 11, 2020 7:04am
or...Christmas bonuses and stock options? The dilution has not been taken up by the market and won't be until we know how deep into our pockets they intend to go.