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Biotech / Medical : NNVC - NanoViricides, Inc. -- Ignore unavailable to you. Want to Upgrade?


To: old 'n cranky who wrote (12539)12/13/2019 9:16:19 PM
From: old 'n cranky  Respond to of 12873
 
Looks like the new S-1 will need to be withdrawn, too. I don't think there's enough headroom under the current 7.5M share authorization considering the existing outstanding common, the convertible Preferred A and existing options and warrants.

Can't wait to see the terms of the Diwan loan agreement:
"Approximately $1 million will be made available immediately upon execution of a definitive agreement and an additional $1 million will be made available in a second tranche in January 2020, or later, at the Company's discretion."