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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 > Meetings with large shareholders
View:
Post by SPCEO1 on Jan 12, 2022 5:48pm

Meetings with large shareholders

TH has yet to finally confirm these meetings, which is understandable given the covid situation. So, it is possible, maybe even likely given the situation with the virus right now, that the meetings will not even happen. Even so, if TH was planning to announce something favorable before these meetings, that should still happen. But if something they hoped might happen actually fell through, canceling the meetings due to covid gives them an easy way out. Perhaps they would try to set up a Zoom meeting with these shareholders if they decided they could not chance it to be there in person.  

I suspect if they put up a new corprate presentation that is effectively just updating dates and financials, then we can conclude there is no meaningful announcement at hand. So far, however, there is no new corporate presentation, so it still seems like something is up and they are waiting to be able to share  it with us publicaly before putting up a new presentation.
Comment by palinc2000 on Jan 12, 2022 6:30pm
Using Covid to cancell a Meeting in person is not a valid reason based on current  regulations and borders are open      I doubt that a private closed door meeting would be held on zoom which could allow participants to record  the meeting (audio and video) ....I thought the meeetomg was confirmed 
Comment by SPCEO1 on Jan 12, 2022 11:38pm
The meetings basically were confirmed - one of the shareholders had invitations printed up and already has a room reserved at a hotel for his clients. But I imagine the covid factor is still in play.  I get the impression you think this "private, closed door" meeting would contain non=public info and that is why they wouuld not record it. Having been to them before, I can tell you ...more  
Comment by palinc2000 on Jan 13, 2022 6:52am
It never crossed my mind that non public material information would be disclosed during those private meetings but I also know that they are much less formal and the tone much less guarded and attendees might come put of the meeting with a slightly different perspective......   I am confused when you write about shareholders having reserved rooms for their clients..... I thought this was a ...more  
Comment by SPCEO1 on Jan 13, 2022 8:00am
These two shareholders are financial advisors with retail clients in their local area for whom they hold TH. They are inviting those clients to come hear what TH has to say as they have done in the past. They rented a sizable room at a local hotel for the presentation so they can be socially distanced.
Comment by palinc2000 on Jan 13, 2022 9:21am
This is different than what I thought,,,Unless those retail shareholders are really large it seems that lmost  posters here would  probably meet the major shareholder criteria so the agenda of the Meeting  will probably be just a Corporate Presentation with maybe the smile o meter going higher than usual
Comment by SPCEO1 on Jan 13, 2022 9:54am
For many of those shareholders, they probably are of an somewhat equal size in their holdings as most here. The difference is they are all organized under a financial advisor who represents their interests to the company. So, these are two large blocks of shares.
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