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Bullboard - Stock Discussion Forum Liminal BioSciences Inc. LMNL

Liminal BioSciences is a biopharmaceutical company focused on the discovery and development of novel, small molecule drug candidates for the treatment of patients suffering from fibrotic or inflammatory diseases that have a high unmet medical need. Liminal BioSciences operates on an integrated basis from our talent hubs in Laval, Quebec, Canada, and Cambridge, UK. Our common shares are listed... see more

NDAQ:LMNL - Post Discussion

Liminal BioSciences Inc. > Nasdaq Filing
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Post by thewolf4 on Nov 15, 2019 3:11am

Nasdaq Filing

Paperwork filed with the SEC to have the shares listed on the Nasdaq. The filing has an effective date of tomorrow after market close. The filing refers to the shelf prospectus filed a couple years ago so it seems the company is authorized to raise up to $250M CAD. Will be interesting to see how big the first raise is...
Comment by conradj on Nov 15, 2019 3:43am
This post has been removed in accordance with Community Policy
Comment by marcjohnson on Nov 15, 2019 4:07am
This post has been removed in accordance with Community Policy
Comment by PLITheOne on Nov 15, 2019 7:02am
I do not see a pending listing for Nasdaq.  Are you able to post a link? This company is in a downward spiral.  It has lost over 98% this year and not finished.  This company will make money but don’t think for one minute that any shareholder will share in this. The left pocket will pay the right pocket and dilute you into oblivion. I don’t believe for one minute that Nasdaq will ...more  
Comment by GunnerG on Nov 15, 2019 9:03am
Whats that, shelf prospectus issuing more shares, whats that mean?  DILUTION , just as I called it and nice they waited to get to the 52 week low, again, just as I called. Wait for the big bounce.  Meow meow
Comment by PLITheOne on Nov 15, 2019 9:43am
Indeed, this shelf prospectus is interesting.  Would like to know more about this!
Comment by conradj on Nov 15, 2019 9:46am
This post has been removed in accordance with Community Policy
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