Dec. 19 at 9:09 AM
$SLRX On Nov 11, 2025 they went into an offering. With warrants, exercisable at
$1.50.
Quote from that filing: "Immediately after closing the Offering, there were 4,231,846 shares of Common Stock outstanding and pre-funded warrants to acquire an additional 2,152,331 shares of Common Stock."
So I believe this number is the correct one, as it is the latest one that i can find in official filings. Normally no additional warrants are exercised since date, as we are far under the
$1.50 exercise price.
So current market cap is 4,231,846 * 0.66 = 2,793,018.36
Strong buy at this price. Way undervalued.