Feb. 12 at 2:30 PM
$XLO BioGrifter's Creed:
We can never have enough of investors (saps) money.
We will dilute as our stock approaches historic lows
We will dilute massively on any news.
When positive news dries up, We will dilute massively again, even on no news.
When it seems our stuff aint working, it doesnt matter, We just want more of your money and make up a story and use words to describe disappointing clinical data like "compelling" and "cash runway" to dupe investors giving them false hopes that the stuff might work and no need to worry about a dilution anytime soon - then dilute anyway.
Thank you for paying for our inflated salaries and generous benefits.
https://ir.xiliotx.com/news-releases/news-release-details/xilio-therapeutics-announces-pricing-underwritten-offering