All public companies like CTIX issue shares and ot

All public companies like CTIX issue shares and other debt instruments to finance their operations and build shareholders' value.

This is one of the best financing deals I've seen. Cellceutix is completely in the driver's seat. Aspire doesn't even have the opportunity to hedge and use arbitrage, which takes away a key advantage funds usually get with these deals.

This financing agreement has two very clear components.

1. It favours CTIX and its shareholders.

2. There must be some compelling details behind it to convince Aspire to agree to these terms which greatly favour CTIX.

For existing shareholders, it potentially dilutes their ownership percentage, however, three key points.

1. Their current shares are now in a company with more money on its books and the ability to raise more money as needed. So they own slightly less ownership percentage, but those shares now are in a company with more cash and the ability to raise cash.

2. The agreement is book neutral for CTIX, they trade shares for cash.

3. This telegraphs future share issuance at higher share prices assuming things go well for CTIX. Thus current shareholders can stay ahead of any minor dilution by buying shares now while the share price is still low.