Mar. 24 at 9:07 PM
$TLPH Vincent Angotti - March 23, 2026 CC (Location 0:02:28)
"As of December 31st, we had cash and investments of
$20.4 million, which, along with the remaining tranches, if closed, should provide runway through a potential FDA approval of Niyad next year."
Notice he said "if closed"
Since they were not closed yet, and as usual, the deal would be for the institutional investors to commit to spend
$4.1 million (or more?) at the closing price of a certain day.
So, if the day in question is today, as a think it must be, the buyers would try to close the stock at a low price. This way they get more shares for
$4.1 million.
If I'm right, the stock should start going up tomorrow, and go over
$1 very quickly.
You said you wanted a dumbass answer. So, there you go ;)
