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CytoDyn Inc CYDY
(Total Views: 774)
Posted On: 11/04/2020 9:21:11 PM
Post# of 153886
Posted By: LaundryMoney
Re: havasu78 #64199
It may be worth noting that the outstanding share count was a shade under 570 million at the beginning of october and as of today on otcmarkets.com the outstanding share count is 578,016,002, so somewhere in the neighborhood of 8-9 million warrants were exercised during october. That may have lead to not needing a capital raise quite yet as I think the avg warrant is ~.67 cents so that would net them 5-6 million in the coffers which is about a months worth of cash burn. (if my recollection of the avg outstanding warrant price is correct).

Good to see warrants being exercised.













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