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Bullboard - Stock Discussion Forum Theratechnologies Inc T.TH

Alternate Symbol(s):  THTX

Theratechnologies Inc. is a Canada-based clinical-stage biopharmaceutical company. The Company is focused on the development and commercialization of therapies addressing unmet medical needs. It markets prescription products for people with human immunodeficiency viruses (HIV) in the United States. The Company's research pipeline focuses on specialized therapies addressing unmet medical needs... see more

TSX:TH - Post Discussion

Theratechnologies Inc > Prospectus Sup
View:
Post by palinc2000 on Jul 26, 2021 6:38am

Prospectus Sup

Now available.... 33 pages long
Had a quick read thru....Costs estimated at 600000$ not including the 3% fee on the gross proceed payable to Cantor ...ie 1.5 million$ if they end up issuing the full 50 million$
Comment by palinc2000 on Jul 26, 2021 6:45am
Regardless of the legal boiler plate wording ATM s are set up to be used and a need for the cash has been identified
Comment by SPCEO1 on Jul 26, 2021 9:03am
So, if they do the full $50 million than it is cheaper than a standard offering at just a 5% fee (versus 6-7% normally) . So that is a small incentive for TH to eventually raise the full amount using the ATM.
Comment by palinc2000 on Jul 26, 2021 9:14am
The 600 000 $ has been or will have been spent in a short time,,,So the additional fee is 3% . But I am 10000000000% sure they will draw the whole amount,,,,,,,,,
Comment by SPCEO1 on Jul 26, 2021 10:38am
I should have said 4.2% as the total fee, not 5%.
Comment by scarlet1967 on Jul 26, 2021 11:17am
We still don't know why now or for what purpose the company needs the extra cash. Hopefully either company or LG will clarify why...If the extra money is to negotiate a better deal for either of the programs they might not start the selling anytime soon  until those negotiations are concluded or maybe not at all, unless they already have started talking with potential partners one would ...more