$Tonix Pharmaceuticals (TNXP.US)$I think potential mkt cap can go $2bil if FDA approve their drug. I m assuming high chance it will happen. This may have 10x more to go, meaning it can go up to $5.
$Tonix Pharmaceuticals (TNXP.US)$Potential re-entry after offering is settled. Assuming they are riding on catalysts to counteract dilution. TNX-2900, & Acute Stress Disorder are phase 2 ready, the FDA letter for Fibro is in 10 days
$Tonix Pharmaceuticals (TNXP.US)$Does anyone know why Tonix need so huge capital of $250mil? If it has already issues $112mil from Jul 2024, should this be reflected in the balance sheet? Has anyone scrutinise their balance sheet? Unless Tonix is really confident that FDA will approve their drug submission next year and they need to start setting up the global operation centres? Does this make sense?
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easygoing Puppy_n7c
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Appointment of factory and a marketing agency! Big dump to shake everyone before a major pump!
A little factual DD for all. Here is the amendment to the prospectus as filed about 3 hours ago. Note the already 363 MILLION shares of dilution already sold. Do the math and you get an idea of the further dilution ahead. Another $110+ million dollars to go, so approx 200 Million more into the float. Under the Prior Prospectus, we registered up to an aggregate of $150,000,000 of our common stock, $0.001 par value per share, for offer and sale pursuant to a Sales Agreement, ...
job_11
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The previous 363 million shares were issued at $0.3089 per share. Now that they want to issue additional $110 mil worth of shares, did they mention the issue price? They should be issued at prevailing market share. Thought this requires shareholders' approval.
Capster 77
OP
job_11
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it's an "At the Market" offering. I would need to read the sales agreement to see the terms. even @ .50/share it's another 200+ million. as I said I'm out for now but I'm going to do a little homework because I see some patterns in the Broker that is handling the offering. nothing illegal in the offering but a clear pattern in several of the deals they have done since August
$Tonix Pharmaceuticals (TNXP.US)$Even if it reaches $15 by 2026, it’s a fantastic investment at this price. Just keep accumulating as this company definitely has huge potential
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job_11
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Not only the investment and FDA's approval, but also need to monitor their financial results and sustainability of cashflow for operations as well as RS.
HailTheApocalypse
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this sob tore me apart Tuesday but it was totally my fault. I felt like I had to get into the hype it had that day and it cost me a few dollars. thankfully KULR made up for my loss and then some.
叮叮当 : Is it time to take off?