Ikee 608
:
What does the following mean? “Corvus Pharmaceuticals - Sales Agreement Statement covering the issuance and sale of common shares of up to $0.1 billion, which may be issued and sold at any time”
Trytosaveabit
OP
Ikee 608
:
If/when they want! It’s a ( Shelf ) offering! So basically they registered the shares and now over the next 12 months they can use them if needed or want to! Hence “ it’s sitting on the shelf ready to use if needed “
Ikee 608 : What does the following mean? “Corvus Pharmaceuticals - Sales Agreement Statement covering the issuance and sale of common shares of up to $0.1 billion, which may be issued and sold at any time”
Trytosaveabit OP Ikee 608 : They registered a shelf offering! Anytime they need a bit of money they can sell some new share if they want
Ikee 608 Trytosaveabit OP : Does that mean issuing additional shares?
Trytosaveabit OP Ikee 608 : If/when they want! It’s a ( Shelf ) offering! So basically they registered the shares and now over the next 12 months they can use them if needed or want to! Hence “ it’s sitting on the shelf ready to use if needed “