Oct. 1 at 9:44 PM
$XAIR If you don't already know, XAIR filed another S-3/A yesterday (see link: https://s3.amazonaws.com/sec.irpass.cc/2690/0001493152-25-016266.htm). The primary purpose is to register up to 719,561 shares of the company’s common stock (“Warrant Shares”) that are issuable upon exercise of outstanding warrants held by certain selling stockholders. The shares are to be sold from time to time, under Rule 415. This gives warrant holders a clear path to convert and sell into the market. Once exercised and resold, these 719,561 shares (or more, if warrants are exercised over time) represent incremental supply that could exert downward pressure on the stock, depending on market demand and absorption.
