(Total Views: 388)
Posted On: 08/15/2019 11:46:11 AM
Post# of 154132
This is what I had for cash
cash 3.5M May 31st + 8.3M June TO + 2.5M July TO = 14.3M
busy day, I need look at your cash burn,
but if 3.4 per month that gives 4.2 months from May 31st or early October
Note 15 – Subsequent Events
The June 2019 Tender Offer closed on June 12, 2019 with net proceeds of approximately $8.3 million after the payment of placement agent fees of approximately $0.8 million.
The July 2019 Tender Offer closed on July 31, 2019 with net proceeds of approximately $2.5 million after the payment of placement agent fees of approximately $237,000.
cash 3.5M May 31st + 8.3M June TO + 2.5M July TO = 14.3M
busy day, I need look at your cash burn,
but if 3.4 per month that gives 4.2 months from May 31st or early October
Note 15 – Subsequent Events
The June 2019 Tender Offer closed on June 12, 2019 with net proceeds of approximately $8.3 million after the payment of placement agent fees of approximately $0.8 million.
The July 2019 Tender Offer closed on July 31, 2019 with net proceeds of approximately $2.5 million after the payment of placement agent fees of approximately $237,000.
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