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Message
re: ZOM making a nice run
Posted on 2/10/21 at 7:11 am to Ford Frenzy
Posted on 2/10/21 at 7:11 am to Ford Frenzy
This thread is essentially worthless for actually discussing ZOM now.
3
Posted on 2/10/21 at 7:13 am to St Augustine
Let’s ride boys. To the moon!!
Posted on 2/10/21 at 8:31 am to St Augustine
quote:
This thread is essentially worthless for actually discussing ZOM now.
Any way we can get back to talking about ZOM instead of who is and isn't attention whoring? That would be sweet
Posted on 2/10/21 at 8:36 am to St Augustine
quote:
This thread is essentially worthless for actually discussing ZOM now.
Agreed, back to the topic at hand.
According to the prospectus supplement, the 91MM shares will be delivered on or about 2/11. Wainwright retained their right to purchase another 13MM shares at the same price in the next 30 days. If the price holds up, and it’s looking like it will, then I’m sure they’ll exercise that option. The 105MM shares net to ZOM would raise $185.5MM. Management has broad discretion to use the funds as they see fit.
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