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Bio Path Holdings Inc - Got Nasdaq Letter Granting Extension Until September 8 to Demonstrate Compliance With Stockholders' Equity Requirement
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MARKET-TEST-DUMMY : Isn't there a 4M dollar offering they placed? Or did I read it wrong?
Jaguar8 OP MARKET-TEST-DUMMY : 5.56M 3 days ago. Just read just a prospectus not an offer to sell.
Jaguar8 OP MARKET-TEST-DUMMY : 4M was the private placement which already closed. Then they filed offering of common stock. It has enough cash for 19 months but its yearly cash burn is more than its market cap. With its current pipeline, likely need more cash hence the offering
MARKET-TEST-DUMMY Jaguar8 OP : Makes sense