Theralase Technologies Inc. V.TLT

Can someone please explain

[Oden6570]

If warrants will expire prior to expected phase 2 update / newsletter etc ??

[rhodiumd]

Very likely.  Surprisingly, summer is a slower season even for doctors and medical trials and we're more likely to get further substantial updates in the Fall. (Number of new enrollments will be the key metric to look for).

[DJDawg]

I strongly suspect that they will expire. Only 24 more trading days before they are out of the money. But it would be a cool hail mary move if they didn't. Some news, big price jump, warrants in the money, bring in 0.35 per share cash vs the 2nd tranche which would only bring in 0.22 per share cash and also create a new warrant. Financially the best thing for TLT would be a spike to over 0

[Alamir1111]

Cancer free rodent news doesn't do much to sp. The only thing is if the pre-BTD  application is to be accepted.