one thing is not clear to me. on 15 July the fol
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Posted On: 09/18/2020 9:01:47 AM
one thing is not clear to me.
on 15 July the following Ngio communiqué came out:
"MIRAMAR, FL, July 15, 2020 – NuGenerex Immuno-Oncology (NuGenerex IO), today announced the closing of a $50 Million equity financing facility to support the company’s strategic and development plans. NuGenerex IO is now a public company, and once the S1 registration for this $50 Million is filed, and a subsequent S1 for an equity raise is filed in collaboration with its investment bank, the company plans to immediately apply for a listing on either the Nasdaq or NY Stock exchanges. The requisite 8k on this closing will be filed accordingly"
None of the 3 S1s of September 14 concerns this 50 million loan (maximum cumulative offer amount for the 3 S1s is 11,500,000) Do we have to wait for a new S1 deposit for the aforementioned 50,000,000 in order to proceed with the listing?
on 15 July the following Ngio communiqué came out:
"MIRAMAR, FL, July 15, 2020 – NuGenerex Immuno-Oncology (NuGenerex IO), today announced the closing of a $50 Million equity financing facility to support the company’s strategic and development plans. NuGenerex IO is now a public company, and once the S1 registration for this $50 Million is filed, and a subsequent S1 for an equity raise is filed in collaboration with its investment bank, the company plans to immediately apply for a listing on either the Nasdaq or NY Stock exchanges. The requisite 8k on this closing will be filed accordingly"
None of the 3 S1s of September 14 concerns this 50 million loan (maximum cumulative offer amount for the 3 S1s is 11,500,000) Do we have to wait for a new S1 deposit for the aforementioned 50,000,000 in order to proceed with the listing?
(1)
(0)Generex Biotechnology Corp. (GNBTQ) Stock Research Links
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