Yes, considerable support for the deal, likely from other institutions.
I would think that Institutions did support the measure. But RETAIL had to come in big too!!
This is what I had - as far as Institutional Holdings - for the Period ending on 4Q 2015.
Institutional Holdings / Insiders should look as follows for Q4 2015:
9,501,320 Majority of Institutions including Sarissa Capital ( as reported by Nasdaq.com )
2,267,000 Aspire Capital ( as reported by Apricus Bio.com )
3,114,981 Forendo ( as reported by Apricus Bio.com )
135,852 Insiders ( as reported by Apricus Bio.com )
________________________
15,019,153
These were the results for the first proposal:
Stockholders approved, pursuant to NASDAQ Stock Market Rules 5635(b) and 5635(d), the issuance of shares of common stock and the issuance of shares of common stock upon the exercise of warrants to purchase shares of common stock in connection with subscription agreements, dated January 12, 2016, between the Company and certain institutional investors. The results of the voting included 24,378,292 votes for, 1,348,423 votes against and 1,398,269 votes abstained.
Either Institutions added a ton of shares between January 01, 2016 and February 04, 2016 ( as the first closing shares were not eligible to vote for Sarissa, Aspire and Bank Julius ) or Retail came in BIG!! Or BOTH!!
It's a difference of 9,360,000 shares that voted Yes and that were not on the RETAIL / Management / Partner column by year end! |
