Investors exercised their series B warrant at 6.5 and entered into another warrant (Series C) agreement for 557K shares at and exercises price of 6.25.
AXN - SO:67M, Float:37M, Cash: 1.34M, Debt: 26.15M
Co did a debt conversion in Sept for 11M shares.
GERN
Major resistance at $4
CRMD - MC: 172M, Float: 20M
Company has just extended the expiry on existing warrants till April 30. Co has also entered into a backstop loan agreement with a current investor for 4.5M will can be accessed at anytime before April 30. Co also just released the lamest PR regarding their new financial advisor.
EYES - Float: 14M
25M in debt and only 1.67M in cash. Co loves submitting PR's, no SEC filings in 13 years.
HRTX - 16M float
Director/CEO just sold off 10,000 shares (20% of ownership) at 13.07 the day before he presented at a conference, he must have soo much confidence in the Co. Company is making huge losses 70M over the last year. Co has 86M in the bank, but I'm guessing it from the IPO. Given the rate they're burning through cash, Co will most likely need to do a financing in the next year to stay afloat.
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