$VERB - Whole Lotta Verb... someone must wants
Post# of 32638
someone must wants to buy.
Plan coming together. Remember, the shelf offering isn't new. Been out there since last April. A lot of new investors didn't know and still catching up.
A potential large buyer, partner, etc is new however...
"Pre-funded warrants are generally issued as part of a larger financing transaction, such as a venture capital investment, minority equity investment, or mezzanine financing. The pre-funded warrant holder typically also invests in other types or classes of the company’s securities, including its common stock, convertible securities, and traditional warrants, as part of or concurrent with the holder’s acquisition of the pre-funded warrants."
"The purpose of using pre-funded warrants is to provide investors that have restrictions on their ability to own a company's securities above a designated ownership threshold (typically, 9.99% or 19.99%) with the opportunity to invest additional capital without violating the investor's ownership restrictions."
Do your own DD and don't get it off social media...