$Eledon Pharmaceuticals (ELDN.US)$ 50 million oversubscribed...
$Eledon Pharmaceuticals(ELDN.US$ 50 million oversubscribed private placement!
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102752962 : Is this a good thing may I ask
Trytosaveabit OP 102752962 : It’s good and bad! Bad because of the price they bought at and dilution! But good because someone has enough faith to invest 50 million! And good because it give the company 50 million in cash to fund operations without having to take on new debt! That’s also why another of my posts after this one said “ possible swing buy opportunity “ NFA! Hope this helps?
102752962 Trytosaveabit OP : You’re too kind and helpful! Have learnt a lot from you, bless you!
Trytosaveabit OP 102752962 : You’re so very welcome! Thanks for letting me know![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")