Jan. 13 at 1:28 PM
$CTOR Notice of Effectiveness filed for the Jan 5 warrant registration
https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&filenum=333-292577
The S-3 registration filed on Jan 5 registered the warrants and pre-funded warrants from CTOR's December offering. Per the purchase agreement, CTOR is under a lockup which prevents them from entering into any new offerings for two months. The lockup expires "60 days following after the effective date of the registration statement". With a Jan 12 effective date, CTOR's lockup expires March 13.
Per the 10-K, current cash runway for CTOR and
$CTXR is through March 2026 (screenshot). CTOR is under a lockup through March 13 and cannot do any offerings until then. CTXR is currently under a lockup through Jan 19, ninety days after their Oct 21 offering. If they need to raise cash before March 13, it will likely come via CTXR.
