Account Info
Log Out
English
Back
Log in to access Online Inquiry
Back to the Top

NEWS

BioVie | SC 13G: Statement of acquisition of beneficial ownership by individuals-3i, LP(7.6%),3i Management LLC(7.6%), etc
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
3
Translate
Report
9383 Views
Comment
Sign in to post a comment
  • Golden Government _1 : So 3i were behind these “private offerings” wtf they couldn’t just buy shares on open market

  • corbotron Golden Government _1 : it's so they can give money direct to company for shares, they of course get them at a premium to current market price and unload as soon as possible to get as much of the difference between market price and their brokered price. most will sell off the amount of the placement in dollar value and keep the free shares to cash in when it rises to the point it covers the warrants. then they excise the warrants and crush the difference between those and the market price keeping the free shares again. all in all the investing company will make millions of free dollars from retail investors who paid more for the same equity only to be undercut by big firms making private deals

  • corbotron Golden Government _1 : it's also in direct opposition to a free market in my opinion