$Tonix Pharmaceuticals (TNXP.US)$ Wait after Oct30 $TNXP Ton...
$Tonix Pharmaceuticals (TNXP.US)$ Wait after Oct30
$TNXP Tonix could potentially pursue a big partnership in several key areas:
1. Commercialization and Distribution: They have already partnered with EVERSANA to support commercialization efforts, especially for their lead candidate TNX-102 SL. Expanding this partnership or forming new ones with large pharma companies could boost market reach.
2. Manufacturing Collaborations : With the engagement of Almac Pharma Services for supply chain support, a strategic partnership in manufacturing could further streamline product launches.
1. Commercialization and Distribution: They have already partnered with EVERSANA to support commercialization efforts, especially for their lead candidate TNX-102 SL. Expanding this partnership or forming new ones with large pharma companies could boost market reach.
2. Manufacturing Collaborations : With the engagement of Almac Pharma Services for supply chain support, a strategic partnership in manufacturing could further streamline product launches.
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In the midst of chaos, there is also opportunity - The Art of War
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105517956 : hi, can know where you got this information? thanks alot.
also, what about stock reversal split that the community has been talking about in other comments?
Patience3to6Lumen OP : I means have to wait after Oct30 to see how the voting result for reverse split, once it is clear only safe to go in
Patience3to6Lumen OP : With above manufacturing capabilities doesn’t guaranteed 100% FDA approval
105517956 : if sudden pump before Oct 30 without any news, we faster sell whatever we are holding on to, right?
ken_elt : As of today, there is no issuance of new non-compliance of minimum bid-price rule to the company. Even if it is issued now, the company has 180 days to comply. The last reverse split done was in June 2024.
ken_elt : The special shareholders' meeting to be held on 30 Oct is to seek approval of a proposal which allow the Board to effect a reverse stock split, in its discretion at any time within one year after shareholder approval is obtained. As I see it, the company just want to ensure that they are prepared in the event they are called by the exchange to comply with the minimum bid price. So far, there is no issuance of non-compliance by the exchange and normally company is allow 180 days to comply.
Daily Investors : Dropped 8% this morning, was figuring for a good run. Just have to short and rebuy
Patience3to6Lumen OP : Can refer to my new post for the expected timeline and events