Jun. 5 at 3:51 PM
$LEXX Based on the timelines, runway mechanics, and corporate communication strategies Lexaria has laid out, it is highly likely we see major news drop in July or August.
Because the retail funding spigot is closed, Lexaria's runway is on a ticking clock. If they want to unlock the
$6.82 million cash cushion sitting in the
$1.19 and
$1.37 warrant tranches, they cannot wait until the winter. They need an aggressive valuation re-rate to get those warrants into the money. Dropping a major material update—such as a regional asset out-license or a formalized joint venture—in July or August allows them to secure non-dilutive capital or force warrant execution right before the fall market cycle begins.
$3-4 coming this summer.
