Theralase Technologies Inc. V.TLT

Nice finish with chunk of 0.24s taken out

[livermore2]

Soon I think we will see a re-rate in this stock.

Good luck to the longs!

[newdaydawning]

A multi-billion dollar valuation is in the cards here once FDA approves TLD-1433 for NMIBC, the anti-viral tackles all Covid variations, ph 1 of GBM and LUNG begin. Assuming 250M shares fully diluted after exercise of 35-cent warrants, the lowest possible price starts at $8.00 per share.

[Pandora]

I believe we have a set of 37.5 cent warrants coming due on November 10, 2021. Will they be exercised or will the price stay down and just let them expire?

[DJDawg]

I'm not overly familiar with how warrants work. As shareholders right now, is it a good thing for us for the warrants to expire vs exercised?

[StevenBirch]

I would like to see them exercised for 2 reasons - it means the stock would be trading higher and the proceeds that would be going to the company.

[Oden6570]

If you recall TLT mgt extended recent expiring warrants, As Covid is still IMHO effecting Theralase negatively ( trial delays , laser sales ) I would imagine they would do the same for any due in the near future. We have cash for 1 to 1.5 years currently.

[DJDawg]

I'm still not clear on warrants. What is the best outcome for the company...expiring warrants or not expiring.

[cashascars]

Exerciseing warrants is almost always better than another private placement. IMO cashascars

[CAinPlap]

For company management, having the options exercised is the best outcome as it gives them more cash to advance projects. For existing shareholders that do not own warrants, having them expire may be considered the best outcome as their piece of the pie does not get smaller. For warrant holders it shouldn't matter as they can sell the warrants or exercise if in the money.