oldstocks
3 months ago
Series J Preferred Stock? Are these getting reverse split too?
Series J Preferred Stock is not entitled to vote, on an as-converted basis and in the aggregate with respect to any shares of Common Stock and preferred stock of the Company beneficially owned by such holder and any Affiliates or Attribution Parties (as such terms are defined in the Certificate of Designation of Series J Preferred Stock) of such holder, more than 9.99% of the Companyβs outstanding shares of Common Stock as of the applicable record date.
The final results for the votes regarding each proposal are set forth below.
1.
Proposal to approve an amendment to the Companyβs Third Amended and Restated Certificate of Incorporation, as amended, to effect a reverse stock split of the Companyβs issued and outstanding voting common stock, par value $0.0001 per share, at a ratio of not less than 1-for-15 and not greater than 1-for-40, with the exact ratio, if approved and effected at all, to be set within that range at the discretion of the Companyβs board of directors and publicly announced by the Company on or before March 13, 2026 without further approval or authorization of the Companyβs stockholders, was approved by the stockholders by the following vote:
ShadowDiviner72
11 months ago
I think data was as expected. Look, cancer patients on TARGETED therapies have a 95% chance of getting CID. Breast and Lung cancer patients in ONTARGET received TARGETED therapies. So, if it worked on 75% of the patients. Which is the group were 95% of the patients get CID, the trial is succesfull... simple.
HOWEVER, I exited my position for the following reason: In my opinion there was not shared any detailed information, because the principal investigator wants to take the data to SABCS (breast cancer symposium), like they did with the phase 2 trial.
I've seen it with other stocks that the principal investigators prefere this. And they decide where data is presented. So in my opinion we can wait for the full data till december 9th (SABCS)
So, unless the POC data for SBS and MVIS shows up, or a a new partnership... it will be a long wait, and shorts will take it down again. That's why I chose to exit, but I will be back in november